57-218. Oil and gas leases; authority to issue.
81 words·~1 min read·
/ne/chapter-57/57-218A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The governing board of all lands of the State of Nebraska, except the Board of Educational Lands and Funds, and the governing board of all cities, towns, counties, public power districts, school districts and all other governmental subdivisions of the State of Nebraska are respectively authorized and empowered to lease lands under their control for oil and gas exploration and development.
Cities may enter into oil and gas leases. Belgum v. City of Kimball, 163 Neb. 774, 81 N.W.2d 205 (1957).