Oklahoma – SENATE BILL NO. 1143

Oklahoma - SENATE BILL NO. 1143

An Act relating to oil and gas; amending 52 O.S. 2011, Section 570.10, which relates to payment of proceeds from sale of oil and gas production; prohibiting nonpayment of certain interest on proceeds; modifying the interest rate on certain proceeds; modifying timeline certain proceeds earn interest; authorizing certain persons to initiate legal action in certain circumstances; and providing an effective date.

SOURCE: http://webserver1.lsb.state.ok.us/cf_pdf/2017-18%20FLR/SFLR/SB1143%20SFLR.PDF

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