South Dakota § 5-7-26 Leases assignable--Minimum tract assignable.

South Dakota Statutes

§ 5-7-26 — Leases assignable--Minimum tract assignable.

South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-7 MINERALS ON SCHOOL AND PUBLIC LANDS

All oil, gas, and geothermal resources leases shall be assignable in whole or in part, provided no assignment of less than a legal subdivision shall be recognized or approved by the commissioner of school and public lands. The term "legal subdivision" as used herein shall be construed in the ordinary sense as used and recognized in the Bureau of Land Management of the United States.

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

South Dakota § 5-7-26 (Leases assignable--Minimum tract assignable.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.