Montana § 82-11-164 Lien Created

Montana Statutes

§ 82-11-164 — Lien Created

Montana·Title 82 MINERALS, OIL, AND GAS·Ch. 11 OIL AND GAS CONSERVATION·Part 1 Regulation by Board of Oil and Gas Conservation

82-11-164 . Lien created.

(1)The oil and gas production damage mitigation account has a lien in the amount of the expenditure from the account under 82-11-161 (4), plus interest accrued at the rate of 10% a year, against all real and personal property in this state owned by the responsible person or in which the responsible person has an interest.

(2)The lien created under subsection (1) must be filed in the office of the secretary of state and must attach to all real or personal property of the responsible person.

(3)A lien created by this section is valid until paid in full or otherwise discharged. The lien must be foreclosed in accordance with applicable laws governing foreclosure of liens.

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82-11-164 . Lien created. (1) The oil and gas production damage mitigation account has a lien in the amount of the expenditure from the account under 82-11-161 (4), plus interest accrued at the rate of 10% a year, against all real and personal property in this state owned by the responsible person or in which the responsible person has an interest.
(2) The lien created under subsection (1) must be filed in the office of the secretary of state and must attach to all real or personal property of the responsible person.
(3) A lien created by this section is valid until paid in full or otherwise discharged. The lien must be foreclosed in accordance with applicable laws governing foreclosure of liens.

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