AGENCY: Utah Navajo Trust Fund

SERIES: 27906
TITLE: Oil and gas royalty files
DATES: 2006-
ARRANGEMENT: Chronological.

DESCRIPTION: These records document royalties paid by oil and gas companies to pay royalties into the Navajo Trust fund. Approval of these royalties is granted by Minerals Management Service (MMS), the Navajo Nation, and the Bureau of Indian Affairs. The Navajo Nation gets the final report at the time moneys are transferred into the Navajo Trust Fund account. These reports are checked against numbers provided to the Utah Division of Oil, Gas, and Mining to ensure accuracy of royalty payments. These records include Trust Fund deposit information, details of royalty payments, and reconciliations.

RETENTION

Permanent. Retain until final action

DISPOSITION

May Transfer to Archives.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 01/2018

FORMAT MANAGEMENT

All Formats: Retain in Office until final action and then transfer to State Archives with authority to weed.

APPRAISAL

Administrative Fiscal Historical

These records track the use of funds in the Navajo Trust Fund account including Trust Fund deposit information, details of royalty payments, and reconciliations.

PRIMARY DESIGNATION

Public

SECONDARY DESIGNATION

Protected. Utah Code 63G-2-305(8)(2022)

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