Michigan Compiled Laws 451-1994-iii-3-2-610 Part 610 Unified Surface And Subsurface Oil Or Gas Ownership (324.61001...324.61004)

• Section 324.61001 Definitions.
  As used in this part: (a) “Department” means the department of natural resources. (b) “Severed oil and gas rights” means those subsurface oil and...
• Section 324.61002 Inventory And Categorization Of Land; Contract.
  (1) Within 4 years after the effective date of this section, the department shall complete an inventory of all land under the jurisdiction of...
• Section 324.61003 Divestiture Of Severed Oil And Gas Rights; Reuniting Oil And Gas Rights With Surface Rights; Deed Restriction; Reversion Of Subsurface Rights.
  (1) The department shall implement procedures in compliance with this part that allow the department, after consultation with the natural resources trust fund board...
• Section 324.61004 Divestiture Of Severed Oil And Gas Rights; Basis; Priority; Plan For Attaching Monetary Value; Offer To Sell Or Transfer Severed Rights To Surface Owner; Notice; Duration Of Designated Price; Petition; Disposition Of Money Received.
  (1) The department may divest itself of severed oil and gas rights on a county-by-county basis. The department may prioritize counties in the order...

Last modified: October 10, 2016