SECTION 385:15-1-7. Advertising deposit  


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  •    At the discretion of the Director of Mineral Management Division an advertising deposit may be required. The Director of Mineral Management Division will set the amount of deposit, if required. The actual cost of advertising shall be paid by the successful bidder. If there is no successful bidder or the bid is rejected, advertising costs shall be paid by the requester of the lease sale. If said costs are less than the deposit, the overpayment will be refunded.
[Source: Amended at 15 Ok Reg 1745, eff 5-12-98; Amended at 21 Ok Reg 1043, eff 5-13-04]