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Section 39-14-801 – Severance Tax Distributions; Distribution Account Created; Formula.

39-14-801. Severance tax distributions; distribution account created; formula. (a) There is created the severance tax distribution account into which shall be credited revenues from severance taxes as provided by law. Interest on earnings from funds in the account shall be credited to the general fund. (b) Before making distributions from the severance tax distribution account […]