Title 52 - Oil & Gas Code

§52-553. Mineral Owner's Fund.


There is hereby created in the State Treasury the "Mineral Owner's Fund" the principal of which shall constitute a trust fund for persons claiming any interest in monies delivered to this state under this act. The fund shall be invested and shall not be expended except as provided in this act. All monies received under this act shall be promptly deposited into the Mineral Owner's Fund.

Added by Laws 1983, c. 320, § 3, eff. July 1, 1984.