Oklahoma § 64-1073 Royalty proceeds from sale of oil and gas production.

Oklahoma Statutes

§ 64-1073 — Royalty proceeds from sale of oil and gas production.

Oklahoma § 64-1073

Title 64Public Lands

This text of Oklahoma § 64-1073 (Royalty proceeds from sale of oil and gas production.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 64, § 64-1073 (2026).

Text

A.The royalty proceeds derived from the sale of oil or gas production under any oil and gas lease granted by the Commissioners of the Land Office shall be paid to the Commissioners pursuant to the terms of the Production Revenue Standards Act.

B.The statute of limitations established pursuant to Section 570.14 of Title 52 of the Oklahoma Statutes shall apply to the Commissioners of the Land Office as it relates to the Production Revenue Standards Act.

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A. The royalty proceeds derived from the sale of oil or gas production under any oil and gas lease granted by the Commissioners of the Land Office shall be paid to the Commissioners pursuant to the terms of the Production Revenue Standards Act. B. The statute of limitations established pursuant to Section 570.14 of Title 52 of the Oklahoma Statutes shall apply to the Commissioners of the Land Office as it relates to the Production Revenue Standards Act.

Legislative History

Added by Laws 1987, c. 204, § 39, operative July 1, 1987. Amended by Laws 1992, c. 190, § 16, eff. July 1, 1993; Laws 2010, c. 41, § 48, emerg. eff. April 2, 2010. Renumbered from § 293 of this title by Laws 2010, c. 41, § 125, emerg. eff. April 2, 2010. Amended by Laws 2024, c. 80, § 2, eff. Nov. 1, 2024.