AGENCY: School and Institutional Trust Lands Administration

SERIES: 10085
TITLE: Oil and gas royalty reports
DATES: 1960-
ARRANGEMENT: Alphabetical by company name.

DESCRIPTION: These records document royalties received by the School and Institutional Trust Lands Administration. These royalties are paid to the Administration by oil companies who have contracts to drill on trust lands. Information includes the amount of royalties received from each oil company. Royalties must be reported as stated in Utah Administrative Code R850-5-300.

RETENTION

Permanent. Retain for 10 year(s)

DISPOSITION

Transfer to Archives.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series is authorized by Archives general schedule Land use lease agreements, GRS-16587

AUTHORIZED: 04/06/2023

FORMAT MANAGEMENT

Paper: Retain in Office until administrative value has been met and then transfer to State Records Center. Retain in State Records Center for 10 years and then transfer to State Archives with authority to weed.

Computer data files: Retain in Office permanently.

APPRAISAL

Administrative Fiscal Historical

This retention is based on the value of these records in tracking the activities of the oil and gas royalty production of the School and Institutional Trust Lands Administration.

PRIMARY DESIGNATION

Private. Utah Code 63G-2-302(1)(n)(iii) (2022)

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