Every person or his or her heirs, assigns or lawful successors, who has received a patent or deed between March 3, 1887, and July 3, 1997, from the State of Nevada granting to him or her any trust lands of the State of Nevada must, subject to the royalty contained in NRS 321.300, be confirmed in the fee simple title to the lands described in that patent or deed, and all of the minerals therein, including all gas, coal, oil and oil shales which may exist therein, but any such patentee or his or her successors in interest, holding such a fee simple title shall pay to the State of Nevada for the fund which was the original beneficiary of those lands the royalty provided by NRS 321.300.
(Added to NRS by 1963, 98; A 1997, 967)
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