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Title 11 . Natural Resources
Chapter 83 . (No Regulations Filed)
Section 182. Royalty bidding

11 AAC 83.182. Royalty bidding

If the commissioner selects a method of bidding in which the royalty share reserved to the state is the bid variable, the commissioner will set a minimum fixed cash bonus in an amount to be announced no later than the date of the notice of sale.

History: Eff. 11/9/79, Register 72

Authority: AS 38.05.020

AS 38.05.180

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Last modified 7/05/2006