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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Mineral leases of all trust lands owned by the state shall be made exclusively by the director, under rules made by the director.
(2) Revenues from mineral leases of trust lands shall be deposited in the Land Grant Management Fund.
Cite this article: FindLaw.com - Utah Code Title 53C. School and Institutional Trust Lands Management Act § 53C-2-402. Mineral leases--Director to establish rules for mineral leases--Revenues to be deposited in Land Grant Management Fund - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-53c-school-and-institutional-trust-lands-management-act/ut-code-sect-53c-2-402/
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