South Dakota Statutes
§ 5-7-32 — Pooling agreements on behalf of state authorized.
South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-7 MINERALS ON SCHOOL AND PUBLIC LANDS
The commissioner of school and public lands is hereby authorized, in his discretion, to enter into agreements on behalf of the State of South Dakota for the pooling of acreage under his jurisdiction with other acreage for unit operations for the production of oil, gas, or geothermal resources and for the apportionment of oil, gas, or geothermal resources royalties on an acreage or other equitable basis.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 5-7-32 (Pooling agreements on behalf of state authorized.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1939, ch 164, § 1; SDC Supp 1960, § 42.0815; SL 1976, ch 20, § 3.