Section 9-5-1 Created; composition; chairman. (a) There is hereby created the Minerals Resource Management Committee which shall consist of three members serving ex officio as follows: The State Geologist, the Commissioner of Conservation and Natural Resources and the Director of Finance. (b) The chairmanship of the committee shall rotate annually, each member serving in such […]
Section 9-5-2 Meetings; compensation of members. The Minerals Resource Management Committee shall meet once a month in Montgomery, Alabama and at such other times and in such other places as a majority of the committee shall designate. The members of the Minerals Resource Management Committee shall serve without compensation but shall receive their actual expenses […]
Section 9-5-3 Powers and duties generally; public hearings; implementation of recommendations. The major function of the Minerals Resource Management Committee is to maximize the income realized by the state from oil, gas and other mineral resources owned by the state. In order to fulfill this function, the Minerals Resource Management Committee is hereby empowered and […]