Arkansas Code Title 15, Subtitle 5, Chapter 56, Subchapter 3 - Leases Generally
- § 15-56-301 - Multiple Owner Authority to Lease Mineral Lands -- Mineral Defined.
(a) Whenever any mineral lands in fee, or severed mineral rights and interests in, on, and under any lands situated in the State of...
- § 15-56-302 - Summons -- Validity of Lessee's Title.
(a) Summons shall be issued and served as in other cases in circuit court.(b) All persons, if any, whose names or whereabouts are stated...
- § 15-56-303 - Parties in Interest -- Right to Appear or Intervene.
Any persons having or claiming an interest in mineral lands in fee, or in any segregated mineral rights, not made a party in the...
- § 15-56-304 - Petition to Lease or Operate -- Parties Defendant.
Any owners, partners, or corporate shareholders, or parties as set forth in § 15-56-301 desiring the leasing and operating of mineral lands or mineral...
- § 15-56-305 - Receiver -- Disposition of Proceeds.
(a) Upon the filing of the petition, the circuit court shall appoint a receiver, who shall be authorized to negotiate for and to execute,...
- § 15-56-306 - Reporting and Approval of Leases.
(a) A lease executed by a receiver, when acknowledged and delivered, shall be binding on all parties subject only to approval or rejection by...
- § 15-56-307 - Sale of Land or Mineral Rights -- Lease Unaffected.
The lease executed by the receiver under the approval of the court as provided in § 15-56-306 shall not terminate with the sale of...
- § 15-56-308 - Discharge of Receiver -- Accounting.
Upon any lease or contract being executed by the receiver appointed by the circuit court as provided in this subchapter, and upon the lease...
- § 15-56-309 - Execution of Agreements Subsequent to Discharge of Receiver.
After discharge of the receiver, if it should become necessary for unit operating agreements, royalty unitization agreements, royalty pooling agreements, field unitization and repressure...
- § 15-56-310 - In Rem Proceedings Against Unleased Interest in Minerals.
The proceedings provided for in this subchapter shall be for all purposes an action in rem against the unleased interest in minerals as described...
- § 15-56-311 - Failure of Lessee to Report Output.
Any person, firm, or corporation leasing lands in this state under written contracts providing for a royalty to be paid the lessor for ore...
Last modified: November 15, 2016