Is it the norm for a company to pay out the first royalty check late? And if so, how long will it take to receive the first one. They haven't sent a do yet.
Thanks
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90 days are up subsequent to what? First sales? Are you in TX or LA? In TX the operator has 120 days after the date of first sale of production to make the first payment.
Wow. So if 4-6 months is the case, then will the first include 4-6 months worth of payments?
Some companies do have a minimum amount you have to have before they will send a check.
I believe Mr. Garretts point is almost everyone is TWO MONTH BEHIND!
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