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Current as of January 01, 2023 | Updated by FindLaw Staff
(1) The governing board of the State Department of Geology and Mineral Industries shall establish reasonable fees by rule pursuant to ORS chapter 183 for the purpose of the development and administration of a unit agreement to be paid by all persons or state or local governing bodies, special districts or agencies with a royalty interest in that unitized development. The fee schedule shall recognize the reduced workload involved in review of a voluntary unit agreement that complies with this chapter.
(2) When a person or state or local governing body, special district or agency with a royalty interest fails to pay a fee imposed by the board under ORS 522.545 or this section, the board may require that the fee be paid from the proceeds of the sale of the unit production attributable to that interest.
Cite this article: FindLaw.com - Oregon Revised Statutes Mineral Resources § 522.535 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-43-mineral-resources/or-rev-st-sect-522-535/
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