WV SB617 | 2010 | Regular Session
Status
February 19 2010 - To Energy, Industry and Mining
Pending: Senate Energy, Industry and Mining Committee
Pending: Senate Energy, Industry and Mining Committee
Summary
The purpose of this bill is to authorize the exploration for or development of minerals by cotenants and their lessees and require payment to nonworking cotenants of their proportionate share of net proceeds. It also provides that cotenant mineral development is not waste and provides an action of account to allow the nonworking cotenant to recover his or her fair share of net proceeds. This article is new; therefore, strike-throughs and underscoring have been omitted.
Title
Relating to mineral exploration or development
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-19 | To Energy, Industry and Mining | |
| 2010-02-19 | To Energy, Industry and Mining then Judiciary | |
| 2010-02-19 | Introduced in Senate | |
| 2010-02-19 | To Energy, Industry and Mining then Judiciary | |
| 2010-02-19 | Filed for introduction |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 37 | 7A | 1 | New Code | See Bill Text |
| 37 | 7A | 2 | New Code | See Bill Text |
| 37 | 7A | 3 | New Code | See Bill Text |
West Virginia State Sources
| Type | Source |
|---|---|
| Summary | http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=617&year=2010&sessiontype=RS&btype=bill |
