Federal and State Laws
Title 27 - Mining
> Alaska Statutes Title 27, Chapter 27.22 - Bonus for Discovery and Production
Alaska Statutes Title 27, Chapter 27.22 - Bonus for Discovery and Production
Sec. 27.22.010 Discovery and Production Bonus.
(a) To stimulate prospecting for, discovery of, and production from new domestic mineral-bearing deposits, and in the interest of the general industrial development of...
Sec. 27.22.020 Amount of Production.
The bonus will be paid, not for discovery alone, but only in connection with the delivery and sale to a bona fide purchaser of...
Sec. 27.22.030 Who May Claim.
A person of legal age and a citizen of the United States or a partnership, company, or corporation of citizens legally authorized to operate...
Sec. 27.22.040 Nature of Bonus.
(a) A bonus will be paid only once for production of ores or concentrates from a single lode or placer deposit. The commissioner or...
Sec. 27.22.050 Notice of Discovery and Production; Action of the Commissioner.
(a) Notice of the discovery of a mineral deposit and production from it believed to meet the requirements of this chapter shall be forwarded...
Sec. 27.22.060 Definitions.
In this chapter,(1) "commissioner" means the commissioner of natural resources;(2) "domestic" means within the confines of the state.
Last modified: November 15, 2016