Montana § 77-3-433 - Shut-In Gas Royalty
Full text of Montana Montana Code Annotated § 77-3-433 — Shut-In Gas Royalty, with citation guidance and answers to common questions.
§ 77-3-433. Shut-In Gas Royalty
Shut-in gas royalty. The royalty on gas, including casinghead gas and all gaseous substances not sold or used off the premises, must be at the rate of $400 per lease each year or the amount of the annual rental provided in the lease, whichever is the greater, payable on or before the annual anniversary date of the lease. As long as the leased lands contain a well capable of production in paying quantities and the requisite payment is made, the lease must be considered as a producing lease under the lease terms.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 77-3-433
What does Montana Code Annotated § 77-3-433 cover?
Section 77-3-433 ("Shut-In Gas Royalty") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 77-3-433?
A common citation format is "Montana Code Annotated § 77-3-433" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 77-3-433 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.