Arkansas Statutes
§ 15-74-704 — Paying part of production cost or giving bonus or premium without paying share to royalty interest
Arkansas § 15-74-704
JurisdictionArkansas
Title15
This text of Arkansas § 15-74-704 (Paying part of production cost or giving bonus or premium without paying share to royalty interest) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 15-74-704 (2026).
Text
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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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
Declaration of policy§ 15-10-302
Definitions§ 15-10-303
License or permit requirement§ 15-10-304
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Bluebook (online)
Arkansas § 15-74-704, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-74-704.