Montana § 82-10-110 - Division Order -- Definition -- Effect
Full text of Montana Montana Code Annotated § 82-10-110 — Division Order -- Definition -- Effect, with citation guidance and answers to common questions.
§ 82-10-110. Division Order -- Definition -- Effect
Division order -- definition -- effect. (1) As used in this section, the term "division order" is limited to mean an instrument executed by the lessor of an oil or gas lease to authorize the sale of and direct the distribution of proceeds from the sale of oil, gas, casinghead gas, or other related hydrocarbons. (2) A division order may not alter or amend the terms of the underlying oil or gas lease. A division order does not relieve a lessee of any liabilities or obligations under the terms of the underlying oil or gas lease. (3) A division order must be in writing and: (a) must warrant the division of interest; (b) must contain the name, address, and tax identification number of each interest owner to whom disbursements are made by the holder of the proceeds from the sale of oil, gas, casinghead gas, or other related hydrocarbons; (c) must contain a provision requiring notice of change of ownership; and (d) may contain any other terms that are necessary to facilitate the transaction.
Frequently Asked Questions About Montana § 82-10-110
What does Montana Code Annotated § 82-10-110 cover?
Section 82-10-110 ("Division Order -- Definition -- Effect") 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 § 82-10-110?
A common citation format is "Montana Code Annotated § 82-10-110" (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 § 82-10-110 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.