04:01:01:17Shut-in royalty clause.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Each lease shall contain a shut-in royalty clause. An operator shall notify the commissioner of a shut-in on a form obtained from the commissioner's office. The annual shut-in royalty rate is $1.00 per acre.
Source: 2 SDR 36, effective November 17, 1975; 5 SDR 25, effective October 12, 1978; 19 SDR 42, effective September 28, 1992.