27-253

27-253. Renewal of permit

The holder of an exploration permit may, prior to expiration of the annual period
for which such permit was issued, or prior to expiration of the annual period for which
such permit was renewed, file with the department an application for renewal of such
permit for the ensuing annual period. No such application for renewal shall be filed,
nor shall the permit be renewed, for more than four successive annual periods following
expiration of the annual period for which such permit was issued. No rental shall be
payable for the first annual period for which a permit may be renewed. The rental for
each of the three subsequent annual periods following the first annual period for which a
permit may be renewed shall be one dollar for each acre of state land for which the
application for renewal is filed. Upon receipt by the department of the application for
renewal, and the affidavit of expenditure of the required amount in exploration during
the current annual period or a sum equal thereto, together with such other proof in
support of such expenditure as the commissioner by regulation may prescribe, and payment
to the department of the rental for the ensuing annual period, all prior to expiration of
the current annual period, the commissioner shall issue a renewal of the permit for the
ensuing annual period.