Arkansas Statutes
§ 15-73-401 — Partition when entire leasehold is unleased and nonproducing
Arkansas·Title 15
Whenever any land in fee, the oil and gas in, on, and under such lands, situated in the State of Arkansas, shall be owned by two (2) or more persons, firms, or corporations in joint tenancy, in common or in coparcenary, and there shall be no actual production therefrom of oil and gas, and no outstanding oil and gas lease thereon covering the entire leasehold estate, any one (1) or more of the owners of the land in fee, and of the oil and gas interest on and in such land, may have a sale and partition of the entire oil and gas leasehold interest therein and thereon, in the manner hereinafter provided.
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Arkansas § 15-73-401 (Partition when entire leasehold is unleased and nonproducing) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1935, No. 15, § 1; Pope's Dig., § 10549; A.S.A. 1947, § 53-401.
Nearby Sections
15
§ 15-1-101
Economic Advisor§ 15-10-201
Title§ 15-10-202
Declaration of policy§ 15-10-203
Arkansas Energy Office - Creation§ 15-10-204
Arkansas Energy Office - Director§ 15-10-301
Declaration of policy§ 15-10-302
Definitions§ 15-10-303
License or permit requirement§ 15-10-304
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