§ 701.7. Penalty
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 58 P.S. Oil and GasEffective: July 11, 2006
Effective: July 11, 2006
58 P.S. § 701.7
§ 701.7. Penalty
Any person who fails to pay any bonuses, rental payments, royalties or other income due owners of interests in oil and gas who are unknown or cannot be found to the trustee within six months of the date of which those funds become due shall be liable for all attorney fees and court costs of collection, with interest to the date of payment.
Credits
2006, July 11, P.L. 1134, No. 115, § 7, imd. effective.
58 P.S. § 701.7, PA ST 58 P.S. § 701.7
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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