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2020 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 42 of 1963 Termination of Oil or Gas Interests in Land (554.291 - 554.294)
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
- Section 554.291 Oil or Gas Interest in Land; Abandonment; Claim of Interest; Vesting in Surface Owner; Preservation From Disclosure.
- Section 554.292 Preservation of Oil or Gas Interest; Recording of Interest Notice Claimed; Applicability of Act.
- Section 554.293 Underground Gas Storage Operation; Good Faith Affidavit, Filing.
- Section 554.294 "Person" Defined.
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