Utah Statutes
§ 53C-2-411 — Unitization of mineral leases.
Utah·Title 53C School and Institutional Trust Lands Management Act·Ch. 53C-2 Activities on Trust Lands·Part 53C-2-4 Mineral Leases
(1)Mineral lessees, upon prior written authorization from the director, may commit leased trust lands to unit, cooperative, or other plans of development with other lands.
(2)The director may, with the consent of the mineral lessee, modify any term of a mineral lease for lands that are committed to a unit, cooperative, or other plan of development.
(3)Production allocated to leased trust lands under the terms of a unit, cooperative, or other plan of development shall be considered produced from the leased lands whether or not the point of production is located on the leased trust lands.
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Legislative History
Enacted by Chapter 294, 1994 General Session
Nearby Sections
15
§ 53C-1-101
Title.§ 53C-1-102
Purpose.§ 53C-1-103
Definitions.§ 53C-1-203
Board of trustees nominating committee -- Composition -- Responsibilities -- Per diem and expenses.§ 53C-1-204
Policies established by board -- Director.§ 53C-1-304
Rules to ensure procedural due process -- Board review of director action -- Judicial review.§ 53C-1-307
Annual report.