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15-76-301. Declaration of policy.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-76-301. Declaration of policy.
It is declared to be in the public interest to:
(1) Foster, encourage, and promote the development and production in the state of the natural resource of brine;
(2) Authorize and provide for the operation and development of brine properties in such a manner that the greatest ultimate recovery of brine, and the chemical substances contained therein, is had and that the correlative rights of all owners are fully protected;
(3) Authorize and provide for the formation of units for the production of brine in order that the greatest possible economic recovery of brine, and the chemical substances contained therein, is obtained within the state; and
(4) Empower with and delegate to the Oil and Gas Commission the authority to administer and enforce all provisions of this subchapter.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-76-301
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. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:15-76-301
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5fdb79893a3661202adedd32447534763208e31960962bf29eeaf13a7bc3fe67
Source location: content.xml paragraph 26661
Stored source content
15-76-301. Declaration of policy.
It is declared to be in the public interest to:
(1) Foster, encourage, and promote the development and production in the state of the natural resource of brine;
(2) Authorize and provide for the operation and development of brine properties in such a manner that the greatest ultimate recovery of brine, and the chemical substances contained therein, is had and that the correlative rights of all owners are fully protected;
(3) Authorize and provide for the formation of units for the production of brine in order that the greatest possible economic recovery of brine, and the chemical substances contained therein, is obtained within the state; and
(4) Empower with and delegate to the Oil and Gas Commission the authority to administer and enforce all provisions of this subchapter.
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