Utah Code § 53C-2-403: Mineral leases -- Director to establish forms, term, rental, and royalty.
Where this section sits in the code
- Title 53C School and Institutional Trust Lands Management Act
- Chapter 53C-2 Activities on Trust Lands
- Part 53C-2-4 Mineral Leases
The director shall establish the:
(1) form of a mineral lease application;
(2) form of the lease;
(3) term of the lease;
(4) annual rental;
(5) amount of royalty in addition to or in lieu of rental; and
(6) basis upon which the royalty shall be computed.
Collected 2026-09-03T11:34:33Z. Source file · JSON