{"data":{"id":"us-id/idaho-code-47-805","jurisdiction":"us-id","citation":"Idaho Code § 47-805","heading":"Annual rental — Amount — Minimum royalty.","body":"Oil and gas leases shall be issued at an annual rental of not less than twenty-five cents (25¢) per acre, payable in advance, and royalty on oil and gas lands shall not be less than twelve and one-half per cent (12 1/2%) of oil and/or gas produced and saved from said lands under said lease. Royalties shall be paid in addition to rental payments, at the discretion of the board of land commissioners.","path":["TITLE 47 MINES AND MINING","CHAPTER 8 OIL AND GAS LEASES ON STATE AND SCHOOL LANDS"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title47/t47ch8/sect47-805/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:22:13Z","sha256":"49d23064b94cda32bb284c5b047bda614509fe20020db093b4bca3debac2c3e3","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-47-804","next":"us-id/idaho-code-47-806"},"notice":"GroundRules: Original legal text. Not legal advice."}
