§ 15-56-306. Reporting and approval of leases
(a) A lease executed by a receiver, when acknowledged and delivered, shall be binding on all parties subject only to approval or rejection by the court as herein provided. (b) Not later than thirty (30) days after making the lease, the receiver shall report the making of the lease to the court. If it shall […]
§ 15-56-307. Sale of land or mineral rights — Lease unaffected
The lease executed by the receiver under the approval of the court as provided in § 15-56-306 shall not terminate with the sale of the lands or mineral interests therein, thereon, or thereunder. Any person purchasing or holding thereafter shall take the land or mineral rights subject to the lease executed by the receiver pursuant […]
§ 15-56-308. Discharge of receiver — Accounting
Upon any lease or contract being executed by the receiver appointed by the circuit court as provided in this subchapter, and upon the lease or contract’s being reported, and approved by the court, and all considerations, if any, being accounted for by the receiver, with any money left in the hands of the receiver being […]
§ 15-56-309. Execution of agreements subsequent to discharge of receiver
After discharge of the receiver, if it should become necessary for unit operating agreements, royalty unitization agreements, royalty pooling agreements, field unitization and repressure agreements, or other agreements and contracts relative thereto to be executed, the clerk of the court is authorized to petition the circuit court for the authority to execute the agreements, with […]
§ 15-56-201. Recording mining claim notices
In every county in this state in which lands containing minerals still belong to the United States Government, the recording of mining claim notices of all kinds may be done with the ex officio recorders of the various counties in which the lands are situated.
§ 15-56-202. Recording fees
(a) The fees for recording mining location notices shall be one dollar ($1.00) for notice, to be paid in United States currency, one-half (½) of which shall go into the county treasury to the credit of the record fund. (b) The fees for recording all other mining notices shall be the same as allowed by […]
§ 15-56-203. Affidavit of assessment work
On or before December 31 of any year in which the time in which the assessment work or improvement required by law to hold the claim expires, the owner of the claim or, in his or her absence, his or her agent or the party who was in charge of the work for the claimant […]
§ 15-56-204. Establishment of possessory right to claim — Right of action against claimant
(a) When any owner or claimant of any mining claim on any of the lands subject to location as mining claims in this state under the laws of the United States shall have had possession of a claim for a period of three (3) years and shall have performed the necessary amount of annual labor […]
§ 15-56-205. Indexed plat book
(a) (1) It shall be the duty of the recorder of any county in which mining location notices and proof of labor performed are recorded to keep a suitable bound plat book properly arranged, showing all the legal subdivisions affected by notices, in which he or she shall keep a complete index of all instruments […]
§ 15-56-301. Multiple owner authority to lease mineral lands — Mineral defined
(a) Whenever any mineral lands in fee, or severed mineral rights and interests in, on, and under any lands situated in the State of Arkansas shall be owned, or held by two (2) or more persons, firms, or corporations in joint tenancy, in common or in coparceny, and there shall be no operation thereof under […]