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TERMINATION OF OIL OR GAS INTERESTS IN LAND
Act 42 of 1963
AN ACT to provide for the termination of dormant oil and gas interests in land owned by persons other than the owners of the surface and for the vesting of title to same in the surface owners in the absence of the filing of a notice of claim of interest within a specified period of time.
History: 1963, Act 42, Eff. Sept. 6, 1963
© 2009 Legislative Council, State of Michigan
The People of the State of Michigan enact:
|Section 554.291||Section||Oil or gas interest in land; abandonment; claim of interest; vesting in surface owner; preservation from disclosure.
|Section 554.292||Section||Preservation of oil or gas interest; recording of interest notice claimed; applicability of act.
|Section 554.293||Section||Underground gas storage operation; good faith affidavit, filing.
|Section 554.294||Section||"Person" defined.