Minimum royalty.

S.C. Code Ann. § 10-9-20
in effect
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No such lease shall provide for a royalty of less than twelve and one-half per cent of production of oil and gas from the lease. Effect of Amendment 2014 Act No. 121, SECTION 7.M, reenacted the section with no apparent change.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t10c009.phpFetched: 10/17/2026