Arizona Statutes

§ 37-604.01 — Exchange of state subsurface rights and interests

Arizona § 37-604.01
JurisdictionArizona
Title 37Arizona Revised Statutes
Ch. 2ADMINISTRATION OF STATE AND OTHER PUBLIC LANDS
Art. 14Exchange of Public Lands

This text of Arizona § 37-604.01 (Exchange of state subsurface rights and interests) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ariz. Rev. Stat. Ann. § 37-604.01 (2026).

Text

A.The department and selection board, for the purpose of consolidating surface and subsurface ownership, may exchange unleased or unclaimed subsurface rights and interests and leased oil and gas rights and interests, managed by the state land department for subsurface rights and interests owned by others.
B.Such exchanges shall be subject to the following requirements:
1.All subsurface rights and interests exchanged shall be of substantially equal value.
2.Exchanges of subsurface rights and interests leased for oil and gas shall only be made with the United States of America.
3.Leases for oil and gas on subsurface rights and interests exchanged pursuant to this article shall remain in full force and effect for the term of the lease.
4.Before any of the state subsurface rights an

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Bluebook (online)
Arizona § 37-604.01, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/37-604.01.