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15-74-704. Paying part of production cost or giving bonus or premium without paying share to royalty interest.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-74-704. Paying part of production cost or giving bonus or premium without paying share to royalty interest.
It shall be unlawful for any purchaser of oil or gas to enter into any contract with any lessee or operator under any oil, gas, or mineral lease, whereby the purchaser undertakes to pay any of the cost or expense of operation or production, steaming, treating, or running oil or gas or any other bonus or premium under any name or subterfuge whatsoever, without providing for paying to the royalty interest its proportionate share according to interest therein.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-74-704
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:15-74-704
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5f745dc48912edaca3c071d363b604f85017a598199dde14575aa54bc78a3c83
Source location: content.xml paragraph 25688
Stored source content
15-74-704. Paying part of production cost or giving bonus or premium without paying share to royalty interest.
It shall be unlawful for any purchaser of oil or gas to enter into any contract with any lessee or operator under any oil, gas, or mineral lease, whereby the purchaser undertakes to pay any of the cost or expense of operation or production, steaming, treating, or running oil or gas or any other bonus or premium under any name or subterfuge whatsoever, without providing for paying to the royalty interest its proportionate share according to interest therein.
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