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LegalText 30 U.S.C. § 282 Leases to permittees of lands showing valuable deposits; royalty us united_states_code code_section 30 MINERAL LANDS AND MINING 3A LEASES AND PROSPECTING PERMITS 282 30 U.S.C. § 282 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc30@119-100.zip /us/usc/t30/s282 data/legal/raw/us/code/title-30/usc30.xml f46609c2556b9d1bff906b14e15f7b20243335771b4b38b7b3e37280af1cfb4f 355f8eb5c6ad5372de4a8e665d9ed90202d53d2aac19ac001d43948af4a4dd2f 9a43d2779a12db5e4a49a952320ab09701c6c4917e8769d0996891586966491e 2026-07-04 official
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30 U.S.C. § 282 - Leases to permittees of lands showing valuable deposits; royalty

Text

Upon showing to the satisfaction of the Secretary of the Interior that valuable deposits of one of the substances enumerated in this subchapter has been discovered by the permittee within the area covered by his permit, and that such land is chiefly valuable therefor, the permittee shall be entitled to a lease for any or all of the land embraced in the prospecting permit, at a royalty of not less than 2 per centum of the quantity or gross value of the output of potassium compounds and other related products, except sodium, at the point of shipment to market, such lease to be taken in compact form by legal subdivisions of the public land surveys, or if the land be not surveyed, by survey executed at the cost of the permittee in accordance with regulations prescribed by the Secretary of the Interior.

(Feb. 7, 1927, ch. 66, § 2, 44 Stat. 1057.)

Notes

Editorial Notes

Codification Section was not enacted as part of act Feb. 25, 1920, ch. 85, 41 Stat. 437, known as the Mineral Leasing Act, which comprises this chapter.