Michigan Compiled Laws
451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-6 - Subpart 6 Cost-Sharing and Loans for Forest Practices (324.50145...324.50155)
Section 324.50154 - Severance and Service Fees; Collection and Disposition; Responsibility for Payment of Severance Fee; Stumpage Values and Units of Measurement; Remittance; Reports; Records.

Sec. 50154.
(1) The board shall develop the necessary administrative procedures to collect the fees and shall deposit the revenue collected in the district forest management fund.
(2) The person responsible for payment of the severance fee is the timber owner before harvest. The department shall provide technical assistance to a district to develop appropriate methods of establishing stumpage values and units of proper measurement.
(3) The fees shall be remitted to a district, by check or money order, with reports as may be required by the board.
(4) The timber owner, for a period of 3 years, shall maintain and make available to the board the records the board may require to verify proper reporting and payment of the severance fee and service fees due a district.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA

Structure Michigan Compiled Laws