- (1) An existing or prospective Operator may, at any time, file a nomination for rulemaking with the division to establish a royalty rate and calculation methodology for any Great Salt Lake Element or Mineral that does not have an established royalty rate and calculation methodology.
- (2) Upon such nomination, the division shall, by rule, establish a royalty rate and calculation methodology for the Great Salt Lake Element or Mineral nominated.
KEY: mineral extraction; Great Salt Lake.
Date of Last Change: October 8, 2024
Authorizing, and Implemented or Interpreted Law: 65A-1-4; 65A-6-2; 65A-6-4; 65A-17-102; 65A-17-201; 65A-17-202; 65A-17-203; 65A-17-302; 65A-17-303; 65A-17-304; and 65A-17-306.