§ 25. Parties not complying with act not to own gas wells, etc.
Oklahoma Statutes AnnotatedTitle 52. Oil and Gas
52 Okl.St.Ann. § 25
§ 25. Parties not complying with act not to own gas wells, etc.
It shall be unlawful for any corporation, joint-stock company, limited copartnership, partnership or other person, now or hereafter engaged in the business of carrying or transporting natural gas for hire or compensation or otherwise, within the limits of this act1 and not becoming a common purchaser as defined by, and accepting the provisions of this act, to own or operate, directly or indirectly any gas well or wells, gas leases, or gas holdings or interests in this state, after six (6) months next after the approval of this act, and each and every of said corporations, joint-stock company, limited copartnership, partnership or other persons shall divest themselves of all legal or equitable ownership, interest or control, directly or indirectly, in gas well or wells, gas leases or gas holdings or interest in this state.
Credits
Laws 1913, c. 99, § 5, emerg. eff. March 26, 1913.
Footnotes
Title 52, § 21 et seq.
52 Okl. St. Ann. § 25, OK ST T. 52 § 25
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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