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Current as of January 01, 2024 | Updated by Findlaw Staff
Where two or more applications are received for the same land, the rights thereon may be awarded to the legally qualified applicant making the highest and best bid, to be determined by taking into consideration both the bonus and royalty, the award being made after proper legal notice in such manner as the Board of Educational Lands and Funds shall determine best calculated to protect public interests.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 72. Public Lands, Buildings, and Funds § 72-309. Mineral rights; lease; bids; award; how made - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-72-public-lands-buildings-and-funds/ne-rev-st-sect-72-309/
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