What is HighMounts “Minimum Suspense” policy?
Royalty payments may be deferred to a later payment date, until the amount owed reaches a threshold. This threshold is called the “minimum suspense amount”. When the amount owed reaches $100.00, the royalty payment is processed. The minimum suspense amount for HighMount Exploraton and Production Michigan LLC owners is $50.00. Requests for changes in the minimum suspense amount must be submitted in writing. Please contact HighMount in writing if you prefer to have your minimum suspense threshold changed to the .
