45-29-140.14
at the time of its dissolution, the title to all its properties shall thereupon pass to and
be divided and apportioned among Fayette County and any other county or counties in which
any part of the service area may be located, all in such manner and to such extent as may
be provided in the authority's certificate of incorporation, as amended; provided, however,
that in the absence of a contrary provision in the certificate of incorporation, as amended,
title to real estate and tangible personal property, other than cash, shall vest in
the county in which the real estate or tangible personal property is located and the
title to cash on hand and in banks, accounts receivable, choses in action, and other intangible
property, other than intangible interest in land, shall vest in all of the counties in which
any part of the service area lies. Each such county shall have title to the cash and intangible
items as a tenant in common thereof, the fractional interest of each such tenant in...
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45-30-250.14
event it owned any property at the time of its dissolution, the title to all its properties
shall pass to and be divided and apportioned on a pro rata basis among Franklin County and
any other county or counties in which any part of the service area may be located, all in
the manner and to the extent provided in the authority's certificate of incorporation, as
amended. In the absence of a contrary provision in the certificate of incorporation, as amended,
title to real estate and tangible personal property, other than cash, shall vest in
the county in which the real estate or tangible personal property is located and the
title to cash on hand and in banks, accounts receivable, chooses in action, and other intangible
property, other than intangible interest in land, shall vest on a pro rata basis of gross
revenues in all of the counties in which any part of the service area lies. Each such county
shall have title to the cash and intangible items as a tenant in common. The interest of...

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45-36-252.13
at the time of its dissolution, the title to all its properties shall thereupon pass to and
be divided and apportioned among Jackson County and any other county or counties in which
any part of the service area may be located, all in such manner and to such extent as may
be provided in the authority's certificate of incorporation, as amended; provided, however,
that in the absence of a contrary provision in the certificate of incorporation, as amended,
title to real estate and tangible personal property, other than cash, shall vest in
the county in which the real estate or tangible personal property is located and the
title to cash on hand and in banks, accounts receivable, choses in action, and other intangible
property, other than intangible interest in land, shall vest in all of the counties in which
any part of the service area lies. Each such county shall have title to the cash and intangible
items as a tenant in common thereof, the fractional interest of each such tenant in...
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45-38-141.14
event it owned any property at the time of its dissolution, the title to all its properties
shall thereupon pass to and be divided and apportioned among Lamar County and any other county
or counties in which any part of the service area may be located, all in such manner and to
such extent as may be provided in the authority's certificate of incorporation, as amended.
In the absence of a contrary provision in the certificate of incorporation, as amended, title
to real estate and tangible personal property, other than cash, shall vest in the county
in which the real estate or tangible personal property is located and the title to
cash on hand and in banks, accounts receivable, choses in action, and other intangible property,
other than intangible interest in land, shall vest in all of the counties in which any part
of the service area lies. Each such county shall have title to the cash and intangible items
as a tenant in common thereof, the fractional interest of each such tenant in...
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45-47-250.14
at the time of its dissolution, the title to all its properties shall thereupon pass to and
be divided and apportioned among Marion County and any other county or counties in which any
part of the service area may be located, all in such manner and to such extent as may be provided
in the authority's certificate of incorporation, as amended; provided, however, that in the
absence of a contrary provision in the certificate of incorporation, as amended, title to
real estate and tangible personal property, other than cash, shall vest in the county
in which the real estate or tangible personal property is located and the title to
cash on hand and in banks, accounts receivable, choses in action, and other intangible property,
other than intangible interest in land, shall vest in all of the counties in which any part
of the service area lies. Each such county shall have title to the cash and intangible items
as a tenant in common thereof, the fractional interest of each such tenant in...
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9-17-33
Section 9-17-33 Disposition of proceeds from sale of oil or gas production. (a) As used in
this section, the following terms shall have the following meanings: (1) CHECK STUB. The financial
record attached to a check, included with a check, or mailed separately at or near the time
the check is mailed. (2) DIVISION ORDER. A contract between the interest owner and the purchaser,
operator, or the owner of the right to drill and to produce, directing the distribution of
the value from the sale of the oil, gas, and other liquid hydrocarbons in the proportions
set out in the division order, which division order is prepared by the purchaser, operator,
and/or the owner of the right to drill and to produce on the basis of the ownership shown
in a title opinion prepared after examination of abstracts or based on other generally acceptable
legal ownership documentation and which is executed by the interest owners or others having
an interest in the production. (3) INTEREST OWNER. A person owning...
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11-62-18
Section 11-62-18 Exemptions of authority - Taxation. (a) Every authority shall exercise its
powers in all respects for the benefit of the people of the state, for their well-being and
for the improvement of their health and social condition, and the exemptions from taxation
hereinafter described are hereby granted in order to promote the more effective and economical
exercise of such powers. (b) No income, excise, or license tax shall be levied upon or collected
in the state with respect to any corporate activities of an authority or any of its revenues,
income, or profit. No ad valorem tax or assessment for any public improvement shall be levied
upon or collected in the state with respect to any property during any time that title to
such property is held by an authority, including, without limiting the generality of the foregoing,
any time that such property is leased to a user by an authority pursuant to a lease which
provides that title to such property shall automatically pass to...
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11-88-18
of its dissolution, the title to all its properties shall thereupon pass to and be divided
and apportioned among the determining county and any other county or counties in which any
part of the service area may be located, all in such manner and to such extent as may be provided
in the authority's certificate of incorporation, as amended; provided, however, that in the
absence of a contrary provision in the said certificate of incorporation, as amended, title
to real estate and tangible personal property, other than cash, shall vest in the county
in which the said real estate or tangible personal property is located and the title
to cash on hand and in banks, accounts receivable, choses in action, and other intangible
property, other than intangible interest in land, shall vest in all of the counties in which
any part of the service area lies. Each such county shall have title to said cash and intangible
items as a tenant in common thereof, the fractional interest of each such...
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11-89-17
its property shall thereupon pass to and be divided and apportioned among the counties and
municipalities in which any part of the service area may be located, or, if it is a supply
district, among its authorizing subdivisions, all in such manner and to such extent as may
be provided in the district's certificate of incorporation, as amended; provided, however,
that in the absence of a contrary provision in the said certificate of incorporation, as amended,
title to real estate and tangible personal property, other than cash, shall vest in
the county or municipality, as the case may be, in which the said real estate or tangible
personal property is located and the title to cash on hand and in banks, accounts receivable,
choses in action, and other intangible property, other than intangible interest in land, shall
vest in all of the counties and municipalities in which any part of the service area lies.
Each such county and municipality shall have title to said cash and intangible items...
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11-97-18
Section 11-97-18 Exemption from taxation. (a) Every corporation shall exercise its powers in
all respects for the benefit of the people of the state, for their well being, and for the
improvement of their health, welfare, and social condition, and the exemptions from taxation
hereinafter described are hereby granted in order to promote the more effective and economical
exercise of such powers. (b) No income, sales, use, or other excise or license tax shall be
levied upon or collected in the state with respect to any corporate activities of a corporation
or any of its revenues, income, or profit. No ad valorem tax or assessment for any public
improvement shall be levied upon or collected in the state with respect to any property during
any time that title to such property is held by a corporation, including, without limiting
the generality of the foregoing, any time that such property is leased to a provider by a
corporation pursuant to a lease which provides that title to such property...
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