§ 292. Royalties and rentals; disposition

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1926

   Pub. L. 69–503 § 2 · 44 Stat. 710

   Enacted · 30 U.S.C. § 292

   (June 8, 1926, ch. 503, § 2, 44 Stat. 710.)

   Source evidence

   Code source credit
   (June 8, 1926, ch. 503, § 2, 44 Stat. 710.)

   Enacted provision · exact public law section
   Sec. 2. That for the privilege of mining or extracting the gold, silver, or quicksilver deposits in the land covered by such lease, the lessee shall pay to the United States a royalty, which shall not be less than 5 per centum nor more than 12^ per centum of the net value of the output of the gold, silver, or quicksilver at the mine, due and payable at the end of each month succeeding that Deposit of moneys received from royalties, etc. of the extraction of the minerals from the mine. All moneys received from royalties and rentals under the provisions of this Act shall be deposited in the Treasury of the United States, and Vol. 41, p. 450. disposed of in the same manner as rentals and royalties under the provisions of the Act of February 25, 1920 (Forty-first Statutes, page 437).

1 of 1 references resolved to an enrolled provision