105-187.83. Royalty owner's records.
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.
(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. (2014-4, s. 17(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 105-187.77 - Tax on severance of energy minerals.
§ 105-187.78 - Delivered to Market Value.
§ 105-187.79 - On-site use exemption from the tax.
§ 105-187.80 - Returns and payment of tax.
§ 105-187.81 - Bond or letter of credit required.
§ 105-187.83 - Royalty owner's records.