Montana Code 82-11-110. Oil and gas education and research account
Current as of: 2023 | Check for updates
|
Other versions
82-11-110. Oil and gas education and research account. There is an oil and gas education and research account within the state special revenue fund established in 17-2-102. Interest or other income earned on money in the oil and gas education and research account accrues to that account.
Terms Used In Montana Code 82-11-110
- Gas: means all natural gases and all other fluid hydrocarbons, including methane gas or any other natural gas found in any coal formation, as produced at the wellhead and not defined as oil in subsection (3). See Montana Code 82-1-111
- Oil: means crude petroleum oil and other hydrocarbons, regardless of gravity, that are produced at the wellhead in liquid form by ordinary production methods and that are not the result of condensation of gas before or after it leaves the reservoir. See Montana Code 82-1-111
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201