15-30-267. (Effective January 1, 2008) Amount of royalty payment withheld considered taxes collected. The amounts deducted and withheld from royalty payments are considered taxes collected under the provisions of 15-30-261 through 15-30-272. A royalty owner does not have a right of action against the remitter for any amount deducted and withheld from the royalty owner's royalty and paid to the state in compliance or intended compliance with 15-30-261 through 15-30-272. The amounts deducted and withheld and paid to the state in compliance or intended compliance with 15-30-261 through 15-30-272 are not subject to the provisions of section 82-10-103.

     History: En. Sec. 7, Ch. 468, L. 2007.