N.D. Admin. Code 81-09-03-05.1

Current through Supplement No. 394, October, 2024

Section 81-09-03-05.1 - Tax incentives for qualifying secondary recovery projects

The exemption for incremental production from a qualifying secondary recovery project starts with the first day of the first month in which incremental oil is produced from the project.

N.D. Admin Code 81-09-03-05.1

Effective June 1, 1992; amended effective June 1, 2002.

Amended by Administrative Rules Supplement 2016-361, July 2016, effective 7/1/2016.

General Authority: NDCC 57-51-21, 57-51.1-05

Law Implemented: NDCC 57-51.1-01(5)(6)