Utah Code 53C-3-201. Definitions

As used in this part:

(1)	“Acquired lands” means lands acquired by the administration under the agreement.

Administration: means the School and Institutional Trust Lands Administration. See Utah Code 53C-1-103
Agreement: means the Agreement to Exchange Utah School Trust Lands Between the State of Utah and the United States of America, signed May 8, 1998, as ratified by the Utah School and Lands Exchange Act of 1998, Pub. See Utah Code 53C-3-201
Exchange: means a land or mineral interest exchange by the administration and the United States of America after March 1, 2007 that is directed by Congressional action. See Utah Code 53C-3-201
Land: includes :Utah Code 68-3-12.5
Mineral: includes oil, gas, and hydrocarbons. See Utah Code 53C-1-103
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
trust lands: means those properties granted by the United States in the Utah Enabling Act to the state in trust, and other lands transferred to the trust, which must be managed for the benefit of:

(a)	the state's public education system; or

(b)	the institutions of the state which are designated by the Utah Enabling Act as beneficiaries of trust lands. See Utah Code 53C-1-103 United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
(2)	“Acquired mineral interests” means mineral interests acquired by the administration pursuant to Section 3(F), (K), (L), or (M) of the agreement.

(3)	“Agreement” means the Agreement to Exchange Utah School Trust Lands Between the State of Utah and the United States of America, signed May 8, 1998, as ratified by the Utah School and Lands Exchange Act of 1998, Pub. L. No. 105-335.

(4)	“Exchange” means a land or mineral interest exchange by the administration and the United States of America after March 1, 2007 that is directed by Congressional action.

(5)

“Exchanged lands” means lands:

(a)	acquired by the administration through an exchange; and

(b)	reduced in value to take into account the presence of minerals subject to leasing under the Mineral Leasing Act, 30 U.S.C. § 181 et seq.

(6)

“Exchanged mineral interests” means mineral interests:

(a)	acquired by the administration through an exchange; and

(b)	reduced in value to take into account the presence of minerals subject to leasing under the Mineral Leasing Act, 30 U.S.C. § 181 et seq.

(7)	“Identified tracts” means the tracts identified in Section 3(F), (G), (J), (K), (L), and (M) of the agreement, generally referred to as the Cottonwood Tract, Westridge Coal Tract, Ferron Field, Mill Fork Tract, Dugout Canyon Tract, Muddy Tract, and North Horn Coal Tract.

(8)	“Subject mineral” means a mineral that is covered by the Mineral Leasing Act, 30 U.S.C. § 181 et seq.

Amended by Chapter 79, 2010 General Session