Form Ucm-1 - Report Of Property Presumed Unclaimed Trust For Unlocatable Mineral Owners - Department Of Revenue, State Of Montana Page 5

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NAUPA Adopted Standard Property Type Codes
The following codes have been endorsed by NAUPA for use by each state in the development
of standard reporting; however, some states do not currently accept these codes. The State of
Montana’s agreement to utilize these codes is a step toward standardization in unclaimed property
reporting.
Mineral Proceeds and Mineral Interests
Code
Description
MI01
*Net Revenue Interest
MI02
*Royalties
MI03
*Overriding Royalties
MI04
*Production Payments
MI05
*Working Interest
MI06
Bonuses
MI07
*Delay Rentals
MI08
*Shut-in Royalties
MI09
*Minimum Royalties
MI99
Aggregate Mineral Proceeds
* Please specify the date range on “periodic
payments” if there are multiple amounts of
the same property type being reported for a
single property owner.
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