Arkansas Code § 15-73-301 - Leases by Persons Invested With Life Estate

Whenever any land in this state may hereafter be, or shall have heretofore been, devised by will or conveyed by grant to any person by any language which at common law would have vested in that person an estate in fee tail, then the person who at common law would have been invested with a fee tail estate in the lands and who under the provisions of ยง 18-12-301 is or shall be invested with a life estate therein is authorized and empowered to execute oil and gas leases on the land, in the manner set out in this subchapter.

Section: 15-73-302  15-73-303  15-73-304  15-73-305  15-73-306  15-73-307  15-73-308  15-73-309    Next

Last modified: November 15, 2016