RCW 79.14.410: Prospecting and mining

RCWs > Title 79 > Chapter 79.14 > Section 79.14.410

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79.14.400 << 79.14.410 >> 79.14.420

PDFRCW 79.14.410

Prospecting and mining—Minimum royalty.

Mining contracts entered into as provided in chapter 79.14 RCW shall provide for the payment to the state of production royalties as set by the board. A lessee shall pay in advance annually a minimum royalty which shall be set by the board. The minimum royalty shall be allowed as a credit against production royalties due during the contract year.

[ 2003 c 334 § 409; 1987 c 20 § 12; 1965 c 56 § 12; 1959 c 257 § 38; 1945 c 103 § 2; 1927 c 255 § 162; Rem. Supp. 1945 § 7797-162. Prior: 1917 c 148 § 4; 1901 c 151 § 3; 1897 c 89 § 7. Formerly RCW 79.01.644, 78.20.090.]

NOTES:

Intent—2003 c 334: See note following RCW 79.02.010.