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§ 549.12. Rights cumulative

Oklahoma Statutes AnnotatedTitle 52. Oil and Gas

Oklahoma Statutes Annotated
Title 52. Oil and Gas (Refs & Annos)
Chapter 12. Leases
Oil and Gas Owners' Lien Act (Refs & Annos)
52 Okl.St.Ann. § 549.12
§ 549.12. Rights cumulative
RIGHTS CUMULATIVE
A. The provisions of this act and the rights granted under this act1 are intended to be cumulative with all other rights an interest owner may otherwise have at law or in equity. To the extent that there is a conflict between the provisions of this act and any other rights an interest owner has at law or in equity, then the rights of the interest owner are to be liberally construed to the end that those rights which afford the interest owner the most comprehensive protection to secure the receipt by the interest owner of the sales price shall be given preference.
B. The rights of any interest owner accrued under the provisions of Section 548.1 et seq. of Title 52 of the Oklahoma Statutes prior to the effective date of this act2 shall be preserved to the extent not in conflict with the provisions of this act.

Credits

Laws 2010, c. 142, § 12, emerg. eff. April 19, 2010.

Footnotes

Title 52, §§ 549.1 et seq.
O.S.L.2010, c. 142, emerg. eff. April 19, 2010
52 Okl. St. Ann. § 549.12, OK ST T. 52 § 549.12
Current with legislation of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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