Utah Statutes

§ 75-2-105 — No taker -- Minerals and mineral proceeds.

Utah·Title 75 Utah Uniform Probate Code·Ch. 75-2 Intestate Succession and Wills·Part 75-2-1 Intestate Succession
(1)As used in this section:
(1)(a) "Mineral" means the same as that term is defined in Section 67-4a-102.
(1)(b) "Mineral proceeds" means the same as that term is defined in Section 67-4a-102.
(1)(c) "Operator" means the same as that term is defined in Section 40-6-2, 40-8-4, or 40-10-3, and includes any other person holding mineral proceeds of an owner.
(1)(d) "Owner" means the same as that term is defined in Section 38-10-101, 40-6-2, or 40-8-4.
(1)(e) "Payor" means the same as that term is defined in Section 40-6-2, and includes a person who undertakes or has a legal obligation to distribute any mineral proceeds.
(2)If there is no taker under this chapter, the intestate estate passes upon the decedent's death to the state for the benefit of the permanent state school fund.
(3)When mi

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Legislative History

Amended by Chapter 158, 2024 General Session

Nearby Sections

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