Us Code § 273 - Lease of lands not covered by permits or leases; acreage; rental
Full text of Us Code United States Code § 273 — Lease of lands not covered by permits or leases; acreage; rental, with citation guidance and answers to common questions.
§ 273. Lease of lands not covered by permits or leases; acreage; rental
Lands known to contain valuable deposits of sulphur and not covered by permits or leases shall be held subject to lease by the Secretary of the Interior through advertisement, competitive bidding, or such other methods as he may by general regulations adopt and in such areas as he shall fix, not exceeding six hundred and forty acres; all leases to be conditioned upon the payment by the lessee of such royalty as may be fixed in the lease and the payment in advance of a rental of 50 cents per acre per annum, the rental paid for any one year to be credited against the royalties accruing for that year.
(Apr. 17, 1926, ch. 158, §3, 44 Stat. 301.)
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.
About This Section
30 U.S.C. § 273 is part of Title 30 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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