There is hereby created the Alabama Coalbed Methane Gas Well Plugging Fund to be held by the State Treasurer and administered by the supervisor. The fund shall be used for carrying out the purposes of this article. To the fund shall be credited all the plugging fee revenues levied, collected and credited thereto pursuant to Section 9-17-137. Charges against and disbursements from the fund shall be made only in accordance with the provisions of this article.
Structure Code of Alabama
Title 9 - Conservation and Natural Resources.
Article 5 - Coalbed Methane Gas Well Plugging Fund.
Section 9-17-130 - Legislative Findings and Declaration.
Section 9-17-131 - Short Title.
Section 9-17-132 - Definitions.
Section 9-17-133 - Alabama Coalbed Methane Gas Well Plugging Fund.
Section 9-17-134 - Determination by Board of Coalbed Methane Gas Wells Requiring Plugging.
Section 9-17-135 - Action Authorized to Be Taken by Board.
Section 9-17-136 - Liability of Owners and Operators.
Section 9-17-137 - Plugging Fees Payable Into Fund; Investment and Use of Fund.
Section 9-17-138 - Termination of Fund.
Section 9-17-139 - No Liability of State, Board or Supervisor to Third Parties.