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Montana Title 77. State Lands § 77-4-127. Disposition of royalties and other receipts

Current as of January 01, 2024 | Updated by FindLaw Staff

(1) The department shall credit fees collected under geothermal leases to the general fund.

(2) All rentals, penalties, and bonuses shall be credited to the income fund of the grant to which the lands under each lease belong.

(3) All moneys collected as royalties shall be credited to the permanent fund arising from the grant to which the land under each particular lease belongs.

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Cite this article: FindLaw.com - Montana Title 77. State Lands § 77-4-127. Disposition of royalties and other receipts - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-77-state-lands/mt-code-ann-sect-77-4-127/

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