N.D. Admin. Code 85-06-02-03

Current through Supplement No. 395, January, 2025

Section 85-06-02-03 - Application for coal lease

A written application for a coal lease must include:

1. Legal description of the lands to be leased;

2. Proposed terms for the coal lease, including the bonus, length, delay rental, and royalty;

3. Documentation showing that the bonus, term, delay rental, and royalty being offered are consistent with market rates; and

4. Nonrefundable application fee in an amount set by the board.

N.D. Admin Code 85-06-02-03

Adopted by Administrative Rules Supplement 375, January 2020, effective 1/1/2020.

General Authority: NDCC 15-05-05, 15-05-09, 15-07-20, 15-08.1-06, 61-33-06

Law Implemented: NDCC 15-05-01, 15-05-08, 15-05-09