Browse Arkansas Code titles and sections
15-56-401. Exemptions.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-56-401. Exemptions.
This subchapter shall not apply to the execution of oil and gas leases and shall in no wise infringe upon or affect the provisions of §§ 15-73-301 — 15-73-308.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-56-401
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:15-56-401
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 3101c09489f86714cfadb8e86e18b4f6e23dbf4afdc93d6a69cf74f7a2e43b7d
Source location: content.xml paragraph 21114
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15-56-401. Exemptions.
This subchapter shall not apply to the execution of oil and gas leases and shall in no wise infringe upon or affect the provisions of §§ 15-73-301 — 15-73-308.
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Arkansas Code — all titles (historical 2020) · legal_authorities
15-73-301. Leases by persons invested with life estate.
Whenever any land in this state may hereafter be, or shall have heretofore been, devised by will or conveyed by grant to any person by any language which at common law would have vested in that person an estate in fee tail, then the person who at common law would have been invested with a fee tail estate in the lands and who under the provisions of § 18-12-301 is or shall be invested with a life estate therein is authorized and empowered to execute oil and gas leases on the land, in the manner set out in this subchapter.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-73-301
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 15-73-301. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-73-308. Expiration, forfeiture, or cancellation of lease — New lease.
If any lease executed under the provisions of this subchapter shall forfeit, expire, become cancelled, or be rescinded before the death of the life tenant, the life tenant may execute a new lease in the manner provided by this subchapter, but in that case the court shall not allow him or her any further proportion of the minerals, but may allow him or her all or any part of the consideration and the rentals as may seem to the court to be equitable and just.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-73-308
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 15-73-308. This identifies an authority to review, not proof of applicability.