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Current as of March 28, 2024 | Updated by Findlaw Staff
After discharge of the receiver, if it should become necessary for unit operating agreements, royalty unitization agreements, royalty pooling agreements, field unitization and repressure agreements, or other agreements and contracts relative thereto to be executed, the clerk of the court is authorized to petition the circuit court for the authority to execute the agreements, with notice to such persons, if any, as the court may direct.
Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-56-309. Agreements after discharge - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-56-309/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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