Arkansas Statutes
§ 15-74-704 — Paying part of production cost or giving bonus or premium without paying share to royalty interest
Arkansas·Title 15
It shall be unlawful for any purchaser of oil or gas to enter into any contract with any lessee or operator under any oil, gas, or mineral lease, whereby the purchaser undertakes to pay any of the cost or expense of operation or production, steaming, treating, or running oil or gas or any other bonus or premium under any name or subterfuge whatsoever, without providing for paying to the royalty interest its proportionate share according to interest therein.
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Arkansas § 15-74-704 (Paying part of production cost or giving bonus or premium without paying share to royalty interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1929, No. 222, § 2; Pope's Dig., § 10499; A.S.A. 1947, § 53-510.
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
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Definitions§ 15-10-303
License or permit requirement§ 15-10-304
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