Mont. Code Ann. § 71-3-1606

71-3-1606 Rights of first purchasers

Year: 2026Length: 139 wordsSubsections: 3Official source
71-3-1606 . Rights of first purchasers. (1) The following are not affected by the provisions of this part or the filing of any instrument permitted under this part: (a) transfer of the legal title to oil or gas from an interest owner or operator to a first purchaser; (b) ownership of oil or gas before the oil or gas is severed, as reflected by records affecting real property; or (c) the right of a first purchaser to take or receive oil or gas under the terms of a division order or a similar agreement for the sale and purchase of oil or gas. (2) A first purchaser or purchaser is free to transport oil or gas products out of the state or to sell oil or gas products without permission or release of a lien perfected under 71-3-1605 .
Mont. Code Ann. § 71-3-1606: 71-3-1606 Rights of first purchasers | Justis AI