Rentals at the rate of $1 per acre per year shall be due and payable in advance on or before the annual anniversary of the effective date of the lease. Rentals paid each year will be deducted from royalties due accruing during the rental year.
Or. Admin. Code § 141-071-0600
Stat. Auth.: ORS 273
Stats. Implemented: ORS 273 .780 - ORS 273 .790