California Probate Code

§ 9946

PROB § 9946Div. 7 · Part 5 · Ch. 15

Statute text

(a)Subject to Section 9947, an order authorizing the execution of a lease shall set forth the minimum rental or royalty or both and the period of the lease.

(b)The order may authorize other terms and conditions of the lease, including, with respect to a lease for the purpose of exploration for or production or removal of minerals, oil, gas, or other hydrocarbon substances, or geothermal energy, any one or more of the following provisions:

(1)A provision for the payment of rental and royalty to a depositary.

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Legislative history

Enacted by Stats. 1990, Ch. 79.