Effective 7/1/2022 65A-5-1. Sovereign Lands Management Account. (1) There is created within the General Fund a restricted account known as the “Sovereign Lands Management Account.” (2) The Sovereign Lands Management Account shall consist of the following: (a) the revenues derived from sovereign lands, except for revenues deposited into the Great Salt Lake Account under Section […]
Effective 7/1/2022 65A-5-1.5. Great Salt Lake Account. (1) As used in this section: (a) “Account” means the Great Salt Lake Account created in this section. (b) “Mining” means the process of producing, extracting, leaching, evaporating, or otherwise removing a mineral from a natural deposit of the mineral. (2) (a) There is created within the General […]
Effective 7/1/2022 65A-5-2. Deposit and allocation of money received. (1) (a) The division shall pay to the state treasurer money received, accompanied by a statement showing the respective sources of the money. (b) Each source shall be classified as to sales, rentals, royalties, interest, fees, penalties, and forfeitures. (2) (a) Money received by the division […]
