Upon petition of the guardian of the estate and after notice to such persons, if any, as the court may direct, the court may authorize the guardian of the estate of an incapacitated person in behalf of his or her ward to enter into transactions and to execute all instruments necessary or advantageous to the ward's estate in the operation and development of any interest, including leasehold interest, which the ward may own in oil, gas, or minerals, including, but not limited to, unit operating agreements, royalty unitization agreements, royalty pooling agreements, field unitization and repressure agreements, and such other agreements and contracts relative thereto as the court shall find to be for the best interest of the ward.
Section: Previous 28-65-309 28-65-310 28-65-311 28-65-312 28-65-313 28-65-314 28-65-315 28-65-316 28-65-317 28-65-318 28-65-319 28-65-320 28-65-321 28-65-322 28-65-323 NextLast modified: November 15, 2016