58 Pa. Stat. § 701.7

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 701.7 - Penalty

Any person who fails to pay any bonuses, rental payments, royalties or other income due owners of interests in oil and gas who are unknown or cannot be found to the trustee within six months of the date of which those funds become due shall be liable for all attorney fees and court costs of collection, with interest to the date of payment.

58 P.S. § 701.7

2006, July 11, P.L. 1134, No. 115, § 7, imd. effective.