Title 27, Mining
13 chapters · 140 sections in this title.
AS 27.22.010 Discovery and production bonus.
0.8K chars
(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 the state, the commissioner shall, upon sufficient proof, pay a bonus of $10,000 to a person or persons, partner…
AS 27.22.020 Amount of production.
0.3K chars
The bonus will be paid, not for discovery alone, but only in connection with the delivery and sale to a bona fide purchaser of the first unit shipment of ore or concentrate with a gross market value of $100,000 or more substantiated by affidavit showing completion of sale and rec…
AS 27.22.030 Eligibility to claim bonus.
0.2K chars
A person of legal age and a citizen of the United States or a partnership, company, or corporation of citizens legally authorized to operate in the state may claim the bonus offered in this chapter.
AS 27.22.040 Nature of bonus.
1.2K chars
(a) A bonus will be paid only once for production of ores or concentrates from a single lode or placer deposit. The commissioner or a duly authorized representative shall determine whether production from a given location, claim, or group of claims is the first production from th…
AS 27.22.050 Notice of discovery and production; action of the commissioner.
1.0K chars
(a) Notice of the discovery of a mineral deposit and production from it believed to meet the requirements of this chapter shall be forwarded to the commissioner by registered letter together with (1) a brief description of the size, location, and date of discovery of the deposit,…
AS 27.22.060 Definitions.
0.1K chars
In this chapter, (1) commissioner means the commissioner of natural resources; (2) domestic means within the confines of the state.