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Current as of January 01, 2024 | Updated by Findlaw Staff
The authority given the board of university and school lands by section 38-11-02.1 includes, but is not limited to:
1. The approval of all forms used by agencies for mineral prospecting and mineral leasing.
2. The setting of minimum bonuses, minimum delay rentals, and minimum royalties.
3. The setting of terms and conditions relating to prospecting, mining, surface damages, and reclamation.
4. The method and manner of negotiations or sales for leasing or prospecting.
Cite this article: FindLaw.com - North Dakota Century Code Title 38. Mining and Gas and Oil Production § 38-11-02.2. Authority of the board - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-38-mining-and-gas-and-oil-production/nd-cent-code-sect-38-11-02-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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