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Current as of January 01, 2024 | Updated by Findlaw Staff
The Secretary may waive, suspend, or reduce the rental or royalty for any lease or portion thereof in the interests of conservation and to encourage the greatest ultimate recovery of geothermal resources, if he determines that this is necessary to promote development or that the lease cannot be successfully operated under the lease terms.
Cite this article: FindLaw.com - 30 U.S.C. § 1012 - U.S. Code - Unannotated Title 30. Mineral Lands and Mining § 1012. Waiver, suspension, or reduction of rental or royalty - last updated January 01, 2024 | https://codes.findlaw.com/us/title-30-mineral-lands-and-mining/30-usc-sect-1012/
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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