Utah Code § 53C-2-402

Mineral leases -- Director to establish rules for mineral leases -- Revenues to be deposited in Land Grant Management Fund

Enacted by Chapter 294, 1994 General Session

(1) Mineral leases of all trust lands owned by the state shall be made exclusively by the director, under rules made by the director.

(2) Revenues from mineral leases of trust lands shall be deposited in the Land Grant Management Fund.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.