Section 11 AAC 04.030 - Timing of payments(a) Royalty payments are due on or before the last day of the calendar month following the month in which oil, gas, or associated substances are produced, saved, or removed or sold from a lease. If the last day of the month falls on a non-banking day for federally chartered banks, payments are due on the last banking day of the month for federally chartered banks.Eff. 2/21/98, Register 145; am 12/26/2019, Register 232, January 2020As of Register _ the subject matter of former 11 AAC 04.030(h) is located in 11 AAC 83.110(a) and the subject matter of former 11 AAC 04.030(d) is located in 11 AAC 82.465
Authority:AS 38.05.020
AS 38.05.135
AS 38.05.180