South Dakota § 5-7-32 Pooling agreements on behalf of state authorized.

South Dakota Statutes

§ 5-7-32 — Pooling agreements on behalf of state authorized.

South Dakota § 5-7-32

Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS

Ch. 5-7MINERALS ON SCHOOL AND PUBLIC LANDS

This text of South Dakota § 5-7-32 (Pooling agreements on behalf of state authorized.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 5-7-32 (2026).

Text

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.

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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.