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Nevada Revised Statutes Title 46. Mines, Minerals, Oil and Gas § 522.024. “Division order” defined

Current as of January 01, 2025 | Updated by Findlaw Staff

“Division order” means a written instrument executed for the purpose of:

1. Directing the distribution of the proceeds from the sale of the production from an oil or gas well among the owners of the interests in that production;

2. Setting forth the name and address of each of those owners; and

3. Enabling the purchaser of the production from an oil or gas well who is responsible for the distribution to make remittance directly to each of those owners.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 46. Mines, Minerals, Oil and Gas § 522.024. “Division order” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-46-mines-minerals-oil-and-gas/nv-rev-st-522-024/

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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