§ 15-1204. Preservation of mineral interests - In general.
(a) Notice of intent to preserve interest - In general.-
(1) An owner of a mineral interest may record, at any time, a notice of intent to preserve the mineral interest or a part of a mineral interest.
(2) A mineral interest is preserved in the county in which the notice is recorded.
(b) Notice of intent to preserve interest - Recordation.-
(1) The following individuals may record a notice in accordance with subsection (a) of this section:
(i) An owner of the mineral interest;
(ii) Another person legally authorized to act on behalf of the owner; or
(iii) A co-owner, for the benefit of any or all co-owners.
(2) A notice recorded under subsection (a) of this section shall contain:
(i) The name of the owner, or co-owners, of the mineral interest; or
(ii) If the identity of the owner cannot be determined, information that states that the owner cannot be determined; and
(iii) An identification of the mineral interest or part of the mineral interest to be preserved, in accordance with subsection (c) of this section.
(c) Identification of mineral interest.- A mineral interest shall be identified by:
(1) A reference to the location in the records of the instrument that creates, reserves, or otherwise evidences the interest;
(2) The judgment or decree that confirms the mineral interest;
(3) A legal description of the mineral interest, if accompanied by a reference to the name of the record owner under whom the owner of the mineral interest claims; or
(4) A general reference to any or all mineral interests of the owner in any real property situated in the county, if:
(i) A previously recorded instrument created, reserved, or otherwise evidenced the mineral interest; or
(ii) A judgment or decree confirms the mineral interest.
§ 15-1204. Preservation of mineral interests - In general.
(a) Notice of intent to preserve interest - In general.-
(1) An owner of a mineral interest may record, at any time, a notice of intent to preserve the mineral interest or a part of a mineral interest.
(2) A mineral interest is preserved in the county in which the notice is recorded.
(b) Notice of intent to preserve interest - Recordation.-
(1) The following individuals may record a notice in accordance with subsection (a) of this section:
(i) An owner of the mineral interest;
(ii) Another person legally authorized to act on behalf of the owner; or
(iii) A co-owner, for the benefit of any or all co-owners.
(2) A notice recorded under subsection (a) of this section shall contain:
(i) The name of the owner, or co-owners, of the mineral interest; or
(ii) If the identity of the owner cannot be determined, information that states that the owner cannot be determined; and
(iii) An identification of the mineral interest or part of the mineral interest to be preserved, in accordance with subsection (c) of this section.
(c) Identification of mineral interest.- A mineral interest shall be identified by:
(1) A reference to the location in the records of the instrument that creates, reserves, or otherwise evidences the interest;
(2) The judgment or decree that confirms the mineral interest;
(3) A legal description of the mineral interest, if accompanied by a reference to the name of the record owner under whom the owner of the mineral interest claims; or
(4) A general reference to any or all mineral interests of the owner in any real property situated in the county, if:
(i) A previously recorded instrument created, reserved, or otherwise evidenced the mineral interest; or
(ii) A judgment or decree confirms the mineral interest.
§ 15-1204. Preservation of mineral interests - In general.
(a) Notice of intent to preserve interest - In general.-
(1) An owner of a mineral interest may record, at any time, a notice of intent to preserve the mineral interest or a part of a mineral interest.
(2) A mineral interest is preserved in the county in which the notice is recorded.
(b) Notice of intent to preserve interest - Recordation.-
(1) The following individuals may record a notice in accordance with subsection (a) of this section:
(i) An owner of the mineral interest;
(ii) Another person legally authorized to act on behalf of the owner; or
(iii) A co-owner, for the benefit of any or all co-owners.
(2) A notice recorded under subsection (a) of this section shall contain:
(i) The name of the owner, or co-owners, of the mineral interest; or
(ii) If the identity of the owner cannot be determined, information that states that the owner cannot be determined; and
(iii) An identification of the mineral interest or part of the mineral interest to be preserved, in accordance with subsection (c) of this section.
(c) Identification of mineral interest.- A mineral interest shall be identified by:
(1) A reference to the location in the records of the instrument that creates, reserves, or otherwise evidences the interest;
(2) The judgment or decree that confirms the mineral interest;
(3) A legal description of the mineral interest, if accompanied by a reference to the name of the record owner under whom the owner of the mineral interest claims; or
(4) A general reference to any or all mineral interests of the owner in any real property situated in the county, if:
(i) A previously recorded instrument created, reserved, or otherwise evidenced the mineral interest; or
(ii) A judgment or decree confirms the mineral interest.
