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Code · Kentucky · Kentucky Revised Statutes

353.210 Agreement consolidating oil and gas leases may be executed by trustee

67 words·~1 min read·/ky/353-210

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

representing contingent future interests. A trustee appointed by any Circuit Court of this state in cases where contingent future interests in land are involved may enter into a consolidation agreement, as defined in KRS 353.220, subject to approval by the Circuit Judge as provided in KRS 353.230. The detailed provisions of such agreement may be such as the court approves, consistently with the provisions of KRS 353.220.
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