Section 45-9-51 - Rights of owners within unit area to property acquired in conduct of unit operation. - South-dakota Statutes

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45-9-51. Rights of owners within unit area to property acquired in conduct of unit operation. All property, whether real or personal, that may be acquired in the conduct of unit operations hereunder shall be acquired for the account of the owners within the unit area, and shall be the property of such owners in the proportion that the expenses of unit operations are charged.

Source: SDC Supp 1960, § 42.0710 (11) as enacted by SL 1961, ch 211, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-45 > Chapter-09 > Statute-45-9-51

45-9-51. Rights of owners within unit area to property acquired in conduct of unit operation. All property, whether real or personal, that may be acquired in the conduct of unit operations hereunder shall be acquired for the account of the owners within the unit area, and shall be the property of such owners in the proportion that the expenses of unit operations are charged.

Source: SDC Supp 1960, § 42.0710 (11) as enacted by SL 1961, ch 211, § 1.

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State Codes and Statutes

Statutes > South-dakota > Title-45 > Chapter-09 > Statute-45-9-51

45-9-51. Rights of owners within unit area to property acquired in conduct of unit operation. All property, whether real or personal, that may be acquired in the conduct of unit operations hereunder shall be acquired for the account of the owners within the unit area, and shall be the property of such owners in the proportion that the expenses of unit operations are charged.

Source: SDC Supp 1960, § 42.0710 (11) as enacted by SL 1961, ch 211, § 1.