Montana Code 77-3-317. Report and payment of royalty

77-3-317. Report and payment of royalty. (1) On or before the last day of each month every holder of a producing coal mining lease shall make a report to the department on a form the department prescribes showing:

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Terms Used In Montana Code 77-3-317

Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
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

(a)the number of tons mined during the preceding calendar month;

(b)the price obtained for the number of tons mined during the preceding calendar month at the mine;

(c)the total amount of all sales; and

(d)any additional information required by the department.

(2)The report must be verified by the lessee and be accompanied by payment of the royalty due the state for the preceding month as shown by the report.

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