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Prepayment of Royalties |
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2004 - MRM Proposed Rule Stage |
OMB Control Number
1010-AC31 |
Rule in Progress |
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Abstract:
This rule allows payors to prepay royalty in lieu of monthly royalty payments for their marginal properties with approval from the affected States.
It will establish the criteria used by payors, States, and MMS
to calculate, report, and monitor royalty prepayments.
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Notice of Proposed Rule
Making (NPRM):
10/00/04
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NPRM Comment Period End:
12/00/04
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