What does "In-Kind" Mean

[Palm]

Here is a link to a paper that explains (from a US perspective) how an in-kind royalty payment works. It explains how the states of Louisiana Texas and California have used it for different state run or state funded facilities. You have to think about all of the funding sources here in the US for these programs and the idea is to overall cut the funding needs by keeping overall costs low.

http://dnr.louisiana.gov/index.cfm?md=pagebuilder&tmp=home&pid=191