- (a) A lien shall be satisfied to the extent of the value of the consideration received, at the time of transfer of ownership. Any unsatisfied portion shall remain as a lien on the property and shall be satisfied in accordance with this subsection.
- (b) Liens shall be maintained or renewed by the secretary from time to time as may be required.
- (c) Monies derived from the satisfaction of liens established under this subsection shall be deposited in the state abandoned mined-land fund.
(Authorized by K.S.A. 49-405; implementing K.S.A. 49-428; effective May 1, 1983; amended Feb. 11, 1991; amended May 2, 1997.)