N.C. Gen. Stat. § 105-187.83
Royalty owner's records
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The owner of a royalty interest shall keep and provide to the Secretary, upon request, both of the following:
The owner of a royalty interest shall keep and provide to the Secretary, upon request, both of the following:
(1) A record of all money received as royalty from each producing leasehold in the State.
(1) A record of all money received as royalty from each producing leasehold in the State.
(2) A copy of all settlement sheets furnished by a purchaser or operator or other statement showing the amount of energy minerals for which a royalty was received and the amount of severance tax deducted.
(2) A copy of all settlement sheets furnished by a purchaser or operator or other statement showing the amount of energy minerals for which a royalty was received and the amount of severance tax deducted.
History
(2014-4, s. 17(a).)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.