§ 77-3-301 Coal leases authorized
§ 77-3-302 Lands subject to coal leasing
§ 77-3-303 Rules relating to coal leasing
§ 77-3-304 Protection of rights of purchasers or prior lessees
§ 77-3-305 Limitations on leasing
§ 77-3-306 Conditions on manner of mining
§ 77-3-307 Improvements of former lessee
§ 77-3-308 Limitation on public inspection rights
§ 77-3-311 Form of lease
§ 77-3-312 Leasing procedures
§ 77-3-313 Bond requirements
§ 77-3-314 Duration of lease
§ 77-3-315 Repealed
§ 77-3-316 Rental and royalty terms
§ 77-3-317 Report and payment of royalty
§ 77-3-318 Disposition of royalties and other receipts
§ 77-3-321 Repealed
§ 77-3-322 Obligation to pay royalties under coal lease contract — interest
§ 77-3-323 Audit — notice — action to compel payment
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Terms Used In Montana Code > Title 77 > Chapter 3 > Part 3 - Coal

  • Appraisal: A determination of property value.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Knowingly: means only a knowledge that the facts exist which bring the act or omission within the provisions of this code. See Montana Code 1-1-204
  • 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
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Property: means real and personal property. See Montana Code 1-1-205
  • 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
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Writing: includes printing. See Montana Code 1-1-203