Leases for any such lands and for the privilege of taking minerals from the waters of streams and lakes may be issued by the commission by competitive bidding to the highest responsible bidder, under general regulations adopted by the commission.
Cal. Pub. Res. Code § 6992
Leases for Taking Minerals From Waters and Certain Lands
Amended by Stats. 1968, Ch. 981.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.