Mississippi Legislature
2003 Regular Session

Senate Bill 2792

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Bill Text

History of Actions

Background

Title

Description: Nonproducing mineral estates; provide for redemption by surface owner of land.

Bill Text: [Introduced]

History of Actions:

1 01/20 (S) Referred To Oil, Gas and Other Minerals
2 02/04 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2003
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Blackmon

Title: AN ACT TO PROVIDE THAT MINERAL ESTATES SEPARATED FROM THE SURFACE ESTATE SHALL REVERT TO THE OWNER OF THE SURFACE ESTATE AFTER TEN YEARS OF NONPRODUCTION; TO DEFINE NONPRODUCTION; TO PROVIDE THAT THE OWNERS OF SUCH MINERAL ESTATES SHALL HAVE AN EXCLUSIVE OPTION TO RENEW THE AGREEMENT CREATING THE MINERAL ESTATE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/04/03 at 18:13.

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