Mississippi § 17-9-7 - Payment of bonus consideration, delay drilling rentals and royalties.
Full text of Mississippi Mississippi Code of 1972 Annotated § 17-9-7 — Payment of bonus consideration, delay drilling rentals and royalties., with citation guidance and answers to common questions.
§ 17-9-7. Payment of bonus consideration, delay drilling rentals and royalties.
The bonus consideration, delay drilling rentals, and royalties accruing under any lease executed with the authority of this chapter shall be paid by the lessee to a county depository to the credit of the county or to a municipal depository to the credit of the municipal corporation, said depository to be selected and designated in the order authorizing said lease, and all of said funds so accruing shall go into the general fund of the county or municipality, as the case may be.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 17-9-7
What does Mississippi Code of 1972 Annotated § 17-9-7 cover?
Section 17-9-7 ("Payment of bonus consideration, delay drilling rentals and royalties.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 17-9-7?
A common citation format is "Mississippi Code of 1972 Annotated § 17-9-7" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 17-9-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.