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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) The liability of each owner in a unit for the payment of unit expenses shall at all times be several and not joint or collective.
(b) In no event shall an owner in a unit be chargeable with, directly or indirectly, more than the amount charged to his or her interests in such unit pursuant to the order of the Oil and Gas Commission requiring the operation of the area as a brine production unit or brine expansion unit.
Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-76-317. Liability for unit expenses - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-76-317/
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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