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32 chapters · 1,123 sections in this title.
Utah Code § 59-5-101 Definitions.
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59-5-101. Definitions. As used in this part: (1) "Board" means the Board of Oil, Gas, and Mining created in Section. 40-6-4 (2) "Coal-to-liquid" means the process of converting coal into a liquid synthetic fuel. (3) "Condensate" means the hydrocarbons, regardless of gravity, that…
Utah Code § 59-5-102 Definitions -- Severance tax -- Computation -- Rate -- Annual exemption -- Tax rate reduction.
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59-5-102. Definitions -- Severance tax -- Computation -- Rate -- Annual exemption -- Tax rate reduction. (1) As used in this section: "Royalty rate" means the percentage of the interests described in Subsectionas defined by a contract between the United States, the state, an Indi…
Utah Code § 59-5-103.1 Valuation of oil or gas -- Deductions.
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59-5-103.1. Valuation of oil or gas -- Deductions. (1) For purposes of the tax imposed under Sectionand subject to Subsection, the value of oil or gas shall be determined at the first point closest to the well at which the fair market value for the oil or gas may be determined by…
Utah Code § 59-5-104 Statements filed -- Contents -- Falsification as perjury.
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59-5-104. Statements filed -- Contents -- Falsification as perjury. (1) Every producer engaged in the production of oil or gas from any well or wells in the state shall file with the commission, on or before June 1 of each year, on forms furnished by the commission, a statement c…