California Law (Last Updated: March 4, 2014) |
Public Resources Code - PRC |
Division 6. PUBLIC LANDS |
Part 2. LEASING OF PUBLIC LANDS |
Chapter 3. Oil and Gas and Mineral Leases |
ARTICLE 5. Minerals Other Than Oil and Gas |
Section 6896.
Latest version.
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Until the permittee applies for a lease as to that portion of the area described in the permit herein provided, he shall pay to the State 20 per cent of the gross value of the minerals secured by him from the lands embraced within his permit and sold or otherwise disposed of or held by him for sale or other dispostion.
(Added by Stats. 1941, Ch. 548.)