Illinois Compiled Statutes 225 ILCS 725 Illinois Oil and Gas Act. Section 23.10

    (225 ILCS 725/23.10) (from Ch. 96 1/2, par. 5447)

    Sec. 23.10. The obligation or liability of each working interest owner for the payment of unit expense shall at all times be several and not joint or collective, and in no event shall a working interest owner be chargeable with, obligated or liable, directly or indirectly, for more than the amount apportioned, assessed or otherwise charged pursuant to the plan of unitization.

(Source: P.A. 79-462.)

Sections:  Previous  23.3  23.4  23.5  23.6  23.7  23.8  23.9  23.10  23.11  23.12  23.13  23.14  23.15  23.16  25  Next

Last modified: February 18, 2015