Nebraska § 72-309 - Mineral rights; lease; bids; award; how made.
Full text of Nebraska Revised Statutes of Nebraska § 72-309 — Mineral rights; lease; bids; award; how made., with citation guidance and answers to common questions.
§ 72-309. Mineral rights; lease; bids; award; how made.
Where two or more applications are received for the same land, the rights thereon may be awarded to the legally qualified applicant making the highest and best bid, to be determined by taking into consideration both the bonus and royalty, the award being made after proper legal notice in such manner as the Board of Educational Lands and Funds shall determine best calculated to protect public interests.
It is the duty of the board in considering bids for leases to investigate as to the relative advantages that would accrue to the state under the respective offers. Briggs v. Neville, 103 Neb. 1, 170 N.W. 188 (1918).
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 72-309
What does Revised Statutes of Nebraska § 72-309 cover?
Section 72-309 ("Mineral rights; lease; bids; award; how made.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. 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 Nebraska § 72-309?
A common citation format is "Revised Statutes of Nebraska § 72-309" (Nebraska). 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 Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 72-309 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska 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 Nebraska.