324.61721 Division order or contract not affected by unit order.
85 words·~1 min read·
/mi/chapter-324/324-61721A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
324.61721 Division order or contract not affected by unit order.
Sec. 61721.
A division order or other contract relating to the sale or purchase of production from a separately owned tract shall not be terminated by the order for unit operations, but shall remain in force and apply to oil and gas allocated to the tract until terminated pursuant to the provisions of the division order or contract.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA