§ 72. Trustee may make oil and gas leases and other mining leases
Oklahoma Statutes AnnotatedTitle 60. Property
60 Okl.St.Ann. § 72
§ 72. Trustee may make oil and gas leases and other mining leases
Said trustee shall have the power and authority to make valid oil and gas leases and other mining leases, upon said lands, for a term not to exceed ten (10) years, and as long thereafter as oil, gas or other minerals may be produced in paying quantities, said leases to be executed and approved under the same procedure now followed in leasing lands for oil and gas purposes in guardianships and estates, the bonus and rentals therefrom to be paid to the life tenant or other person entitled thereto.
Credits
Laws 1939, p. 355, § 2, emerg. eff. May 10, 1939.
60 Okl. St. Ann. § 72, OK ST T. 60 § 72
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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