2017 Mississippi Code
Title 93 - Domestic Relations
Chapter 13 - Guardians and Conservators
Small Transactions Performed Without Guardianship
§ 93-13-215. Royalties, etc. due ward under oil, gas and mineral lease
When there is due and payable to a ward who has no guardian of his estate duly appointed and qualified pursuant to the statutes of this state a sum not to exceed Two Hundred Fifty Dollars ($ 250.00) as accrued or impounded runs of production under an oil, gas and mineral lease producing any such mineral, or as royalties, including shut-in gas royalties, overriding royalties, or other payments out of production accrued to such ward under a lease producing oil, gas and minerals, such payment may be made by the individual or company holding the same as provided in Section 93-13-213 dealing with payment of delay rentals. Said individual or company may continue paying such funds in like manner on a monthly basis or on such terms as provided in the lease or instrument creating the ward's interest so long as the said payments do not exceed Twenty-five Dollars ($ 25.00) per month, or an average of such amounts if payments are made on other than a monthly basis.
