Cal. Wat. Code § 8675

Current through the 2023 Legislative Session.
Section 8675 - Minimum royalty

A joint lease shall provide for the payment of a minimum royalty to the drainage district of not less than 15 per cent of the value of the oil, gas or other hydrocarbon substances produced from the property owned by the district.

Ca. Water Code § 8675

Added by Stats. 1943, Ch. 369.