The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 29 V.S.A. § 302)
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§ 302. Right of discoverer to work claim
A citizen of the United States discovering a valuable mine or quarry upon such lands
or upon land beneath such waters, and filing a notice of discovery and a bond as hereinafter
provided, may work such mine or quarry. He or she and his or her heirs and assigns
shall have the sole benefit of all the product therefrom, on the payment into the
State Treasury of two percent of the market value of all such products, as a royalty.
Such valuation shall be made when such products are first in a marketable form. From
time to time the Legislature may provide for a different rate of compensation to be
paid to the State.