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15-74-703. Entitlement of royalty interests to premiums and bonuses.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-74-703. Entitlement of royalty interests to premiums and bonuses.
All purchasers of oil and gas shall pay to the royalty interest the same premium or bonus above the posted market price for oil or gas they pay to the leaseholder or working interest under any oil, gas, or mineral lease on lands from which oil or gas may be purchased under contract with the lease owner or operator.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-74-703
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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Record provenance
Stable record: arkansas_code:legal_authorities:15-74-703
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7d5c49b9aabc4972543f48d43fd4e4f88cdb996fb3e0731e0f95b403dd36810b
Source location: content.xml paragraph 25683
Stored source content
15-74-703. Entitlement of royalty interests to premiums and bonuses.
All purchasers of oil and gas shall pay to the royalty interest the same premium or bonus above the posted market price for oil or gas they pay to the leaseholder or working interest under any oil, gas, or mineral lease on lands from which oil or gas may be purchased under contract with the lease owner or operator.
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