Montana § 76-15-904 Coal Bed Methane Protection Account -- Use

Montana Statutes

§ 76-15-904 — Coal Bed Methane Protection Account -- Use

Montana § 76-15-904

Title 76LAND RESOURCES AND USE

Ch. 15CONSERVATION DISTRICTS

Part 9Coal Bed Methane Protection

This text of Montana § 76-15-904 (Coal Bed Methane Protection Account -- Use) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 76-15-904 (2026).

Text

76-15-904 . Coal bed methane protection account -- use.

(1)There is a coal bed methane protection account in the state special revenue fund.

(2)All money paid into the account must be invested by the board of investments. Earnings from investments must be deposited in the account.

(3)Subject to the conditions of subsections (4) and (5), money deposited in the account must be used to compensate landowners and water right holders for damages attributable to coal bed methane development as provided in this part.

(4)Money deposited in the fund and earnings of the fund may not be expended until after June 30, 2005. For fiscal years beginning after June 30, 2005, principal and earnings may be expended only in the case of an emergency. For fiscal years beginning after June 30, 2011, principal

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76-15-904 . Coal bed methane protection account -- use. (1) There is a coal bed methane protection account in the state special revenue fund.
(2) All money paid into the account must be invested by the board of investments. Earnings from investments must be deposited in the account.
(3) Subject to the conditions of subsections (4) and (5), money deposited in the account must be used to compensate landowners and water right holders for damages attributable to coal bed methane development as provided in this part.
(4) Money deposited in the fund and earnings of the fund may not be expended until after June 30, 2005. For fiscal years beginning after June 30, 2005, principal and earnings may be expended only in the case of an emergency. For fiscal years beginning after June 30, 2011, principal and earnings in the account may be expended for any purpose authorized pursuant to this part.
(5) Subject to legislative fund transfers, money in the account must be appropriated to the department for use by conservation districts that have private landowners or water right holders who qualify for compensation as provided in 76-15-905 .