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Dove (HB 297) Act No. 48
Existing law provides generally for the process of accepting bids for mineral leases on state
lands. Existing law sets the minimum royalties and provides for the opening of bids. Also
provides for methods of payment of deposits required to accompany bids including certified
check, cashier's check, or bank money order. New law adds electronic funds transfer to the
list of acceptable methods of payment.
Effective Aug. 1, 2014.
(Amends R.S. 30:127(F))