2006 Michigan Compiled Laws - Act 42 of 1963


TERMINATION OF OIL OR GAS INTERESTS IN LAND

Act 42 of 1963

AN ACT to provide for the termination of dormant oil and gas interests in land owned by persons other than the owners of the surface and for the vesting of title to same in the surface owners in the absence of the filing of a notice of claim of interest within a specified period of time.


History: 1963, Act 42, Eff. Sept. 6, 1963




The People of the State of Michigan enact:

DocumentDescription
Section 554.291Oil or gas interest in land; abandonment; claim of interest; vesting in surface owner; "drilling permit" defined.
Section 554.292Preservation of oil or gas interest; recording of interest notice claimed; applicability of act.
Section 554.293Underground gas storage operation; good faith affidavit, filing.
Section 554.294Construction of terms; person, singular.

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