Title 085 · Title 85

Minimum delay rentals.

Citation: N.D. Admin. Code § 85-06-02-10

Section: 85-06-02-10

85-06-02-10. Minimum delay rentals. 1. The minimum delay rental is five dollars per acre per year payable for as long as the coal lease is in full force and effect. 2. The first year of delay rental must be paid upon the issuance of a coal lease. The delay rental for each subsequent year of the coal lease is due and payable before the anniversary date of the coal lease. History: Effective January 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, 15-05-09, 15-05-10