§ 549.11. Rights of operator not impaired
Oklahoma Statutes AnnotatedTitle 52. Oil and Gas
52 Okl.St.Ann. § 549.11
§ 549.11. Rights of operator not impaired
RIGHTS OF OPERATOR NOT IMPAIRED
This act does not impair an operator's right to be paid, set-off or withhold funds from another interest owner as security for or in satisfaction of any debt or security interest. In case of a dispute between an operator and another interest owner, a good-faith tender of funds by anyone operates as a tender of the funds to both in any of the following circumstances:
Credits
Laws 2010, c. 142, § 11, emerg. eff. April 19, 2010.
52 Okl. St. Ann. § 549.11, OK ST T. 52 § 549.11
Current with emergency effective legislation through Chapter 90 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
End of Document |