Alaska Statutes (Last Updated: January 11, 2017) |
Title 27. MINING. |
Chapter 27.22. BONUS FOR DISCOVERY AND PRODUCTION. |
Section 27.22.020. Amount of production.
Latest version.
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The bonus will be paid, not for discovery alone, but only in connection with the delivery and sale to a bona fide purchaser of the first unit shipment of ore or concentrate with a gross market value of $100,000 or more substantiated by affidavit showing completion of sale and receipt of money, gross or net, in hand of the claimant.
Notes
History
(Sec. 1 ch 98 SLA 1967)