US Lawyer Database

Section 7-31-48 – Compensation of managing agents–Clerical assistance and supplies.

7-31-48. Compensation of managing agents–Clerical assistance and supplies. Any agent or agents employed under the provisions of §7-31-45 shall receive such compensation as may be determined by the board of county commissioners, and the board shall have authority to employ any clerical help and provide any office space and office supplies which may be necessary […]

Section 7-31-38 – Mineral, oil and gas leases permitted.

7-31-38. Mineral, oil and gas leases permitted. To foster and encourage the development and exploitation of mineral, oil, gas, or other substances or commodities among the natural and physical resources of the State of South Dakota, and for the purpose of developing the resources, and operating and carrying on works of internal improvement in the […]

Section 7-31-39 – Royalty agreements required in oil and gas leases.

7-31-39. Royalty agreements required in oil and gas leases. All such leases as described in §7-31-38 shall provide for the delivery to the said county in the pipeline to which said lessee may connect the wells, of a royalty of one-eighth of the oil or gas produced, saved, and marketed from the leased lands, or […]

Section 7-31-40 – Assignment of mineral, oil and gas leases.

7-31-40. Assignment of mineral, oil and gas leases. All leases issued under the provisions of §7-31-38 shall be assignable in whole or in part, provided no assignment of less than a legal subdivision shall be recognized or approved by the said county. The term legal subdivision as used in this section shall be construed in […]

Section 7-31-42 – Customary provisions inserted in mineral, oil and gas leases.

7-31-42. Customary provisions inserted in mineral, oil and gas leases. The board of county commissioners is authorized to insert in the leases issued under the provisions of §§7-31-38 to 7-31-41, inclusive, such general provisions as are customary and proper for the protection of the rights of the lessor and of the lessee of the leased […]

Section 7-31-44 – Sale or other disposition of oil and gas rights.

7-31-44. Sale or other disposition of oil and gas rights. The said board of county commissioners is likewise hereby authorized to sell, assign, or otherwise dispose of any leases to, or interests in, any of said oil or gas rights mentioned in §§7-31-38 to 7-31-43, inclusive, or any fraction or part thereof belonging to said […]