Montana Statutes
§ 7-8-2305 — Deed Of Conveyance -- Reservation Of Mineral Royalty
Montana·Title 7 LOCAL GOVERNMENT·Ch. 8 ACQUISITION, TRANSFER, AND MANAGEMENT OF PROPERTY AND BUILDINGS·Part 23 Sale of Tax-Deed Land
7-8-2305 . Deed of conveyance -- reservation of mineral royalty.
(1)Subject to the provisions of subsection (2), upon payment of the purchase price in full, together with all interest that may become due on any installment or deferred payments, the presiding officer of the board of county commissioners shall execute a deed attested to by the county clerk to the purchaser or the purchaser's assigns or other instruments that are sufficient to convey all of the title of the county in and to the property sold.
(2)The county may in the discretion of the board reserve not to exceed 6 1/4% royalty interest in the oil, gas, other hydrocarbons, and minerals produced from the land.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 7-8-2305 (Deed Of Conveyance -- Reservation Of Mineral Royalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 2, Ch. 171, L. 1941; amd. Sec. 1, Ch. 187, L. 1949; amd. Sec. 1, Ch. 163, L. 1969; R.C.M. 1947, 84-4191(part); amd. Sec. 517, Ch. 61, L. 2007.
Nearby Sections
15
§ 7-8-103
Authorization For Governmental And Public Entities To Take Property By Gift Or Devise -- Restriction§ 7-8-203
Division Of Cost§ 7-8-204
Bonding Authority Undiminished§ 7-8-2101
Provision Of Rooms For County Purposes§ 7-8-2104
Insurance Of County Buildings§ 7-8-2105
Through 7-8-2110 Reserved§ 7-8-2111
Inventory Of County Tools And Equipment