Arkansas Statutes

§ 15-76-317 — Liability for unit expenses

Arkansas·Title 15
(a)The liability of each owner in a unit for the payment of unit expenses shall at all times be several and not joint or collective.
(b)In no event shall an owner in a unit be chargeable with, directly or indirectly, more than the amount charged to his or her interests in such unit pursuant to the order of the Oil and Gas Commission requiring the operation of the area as a brine production unit or brine expansion unit.

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Legislative History

Amended by Act 2015, No. 89,§ 12, eff. 2/13/2015. Acts 1979, No. 937, § 10; A.S.A. 1947, § 53-1310.

Nearby Sections

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