§ 904. Failure to provide surrender document
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 58 P.S. Oil and GasEffective: December 22, 2014
Effective: December 22, 2014
58 P.S. § 904
§ 904. Failure to provide surrender document
(ii) The lessee has a duty to provide a surrender document under section 3.1
(iv) If the surrender document is not received by the date of termination, expiration or cancellation, the lessor has a right to record an affidavit of termination, expiration or cancellation of an oil or natural gas lease in the office of the recorder of deeds for the county in which the land is situated.
(b) Manner of service.--Service of the notice under subsection (a) shall be effected either personally or by certified mail to the lessee's last known business address, or, if service cannot be made by those means, by publication once a week for two weeks in a newspaper of general circulation in the county where the land is situated.
(c) Challenge to notice.--If, after receiving a notice of termination, expiration or cancellation under subsection (b), the lessee disputes that the oil or natural gas lease will be terminated, expired or canceled on the date stated in the notice, the lessee must, not more than 30 days after receipt of the notice, deliver a written challenge to the lessor.
(d) Effect of no challenge.--A lessor who has served a notice under subsection (a) and fails to receive a timely challenge from the lessee under subsection (c) may record an affidavit of termination, expiration or cancellation of an oil or natural gas lease in the office of the recorder of deeds for the county in which the land is situated.
Credits
2014, Oct. 22, P.L. 2526, No. 152, § 4, effective in 60 days [Dec. 22, 2014].
Footnotes
58 P.S. § 903.
58 P.S. § 904, PA ST 58 P.S. § 904
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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