Montana Statutes
§ 82-1-303 — No Further Liability For Petitioner
Montana·Title 82 MINERALS, OIL, AND GAS·Ch. 1 GENERAL PROVISIONS·Part 3 Trusts for Unlocatable Mineral Owners
82-1-303 . No further liability for petitioner. If a trust in favor of unlocatable owners or claimants of an interest in minerals has been created and all bonuses, rental payments, royalties, and other income due to the unlocatable owners are being or have been paid to the trustee, the person petitioning for creation of the trust is not liable for further claims by unlocatable owners for bonuses, rental payments, royalties, and other income produced after the creation of the trust.
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Legislative History
En. Sec. 2, Ch. 513, L. 1979; amd. Sec. 190, Ch. 575, L. 1981.
Nearby Sections
15
§ 82-1-101
Persons Required To Comply§ 82-1-103
Notice Of Intention To Explore§ 82-1-105
Exploration Permit§ 82-1-108
Filing Record Of Work Performed§ 82-1-109
Enforcement By County Attorneys§ 82-1-110
Penalty§ 82-1-111
Definitions§ 82-1-203
Demand For Release Prior To Action