Arkansas Statutes
§ 15-74-705 — Purchaser's price for royalty gas
Arkansas·Title 15
It shall be the duty of both the lessee, or his or her assignee, and any pipeline company, corporation, or individual contracting for the purchase of oil or gas under any oil, gas, or mineral lease to protect the royalty of the lessor's interest by paying to the lessor or his or her assignees the same price, including premiums, steaming charges, and bonuses of whatsoever name for royalty oil or gas that is paid the operator or lessee under the lease for the working interest thereunder.
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Related
Seeco, Inc. v. Hales
22 S.W.3d 157 (Supreme Court of Arkansas, 2000)
Klein v. Jones
980 F.2d 521 (Eighth Circuit, 1992)
Legislative History
Acts 1929, No. 222, § 3; Pope's Dig., § 10500; A.S.A. 1947, § 53-511.
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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