Illinois Compiled Statutes 765 ILCS 520 Oil and Gas Rights Act. Section 1

    (765 ILCS 520/1) (from Ch. 96 1/2, par. 4901)

    Sec. 1. When the right to drill for and remove oil and gas from any lands in this State is owned by joint tenants, or tenants in common, whether such right or title is derived by purchase, legacy or descent, or whether any or all of the claimants are minors or adults, any one or more of the persons owning a 1/2 interest or more in the right to drill for and remove the oil and gas from such lands may be authorized to drill for and remove oil and gas from such lands in the manner hereinafter provided.

(Source: P.A. 83-388.)

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Last modified: February 18, 2015