Oklahoma § 60-72 Trustee may make oil and gas leases and other mining

Oklahoma Statutes

§ 60-72 — Trustee may make oil and gas leases and other mining

Oklahoma·Title 60 Property

leases. Said trustee shall have the power and authority to make valid oil and gas leases and other mining leases, upon said lands, for a term not to exceed ten (10) years, and as long thereafter as oil, gas or other minerals may be produced in paying quantities, said leases to be executed and approved under the same procedure now followed in leasing lands for oil and gas purposes in guardianships and estates, the bonus and rentals therefrom to be paid to the life tenant or other person entitled thereto.

Free access — add to your briefcase to read the full text and ask questions with AI

leases. Said trustee shall have the power and authority to make valid oil and gas leases and other mining leases, upon said lands, for a term not to exceed ten (10) years, and as long thereafter as oil, gas or other minerals may be produced in paying quantities, said leases to be executed and approved under the same procedure now followed in leasing lands for oil and gas purposes in guardianships and estates, the bonus and rentals therefrom to be paid to the life tenant or other person entitled thereto.

Oklahoma § 60-72 (Trustee may make oil and gas leases and other mining) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.