15-30-263. (Effective January 1, 2008) Withholding required on mineral royalty payments. Except as provided in 15-30-264, each remitter shall withhold from each royalty payment made to a royalty owner an amount equal to 6% of the net amount payable to the royalty owner.

     History: En. Sec. 3, Ch. 468, L. 2007.