NRS 522.024 “Division order” defined.
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/nv/chapter-522-oil-and-gas/522-024·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 522.024 “Division order” defined. “Division order” means a written instrument executed for the purpose of:
1. Directing the distribution of the proceeds from the sale of the production from an oil or gas well among the owners of the interests in that production;
2. Setting forth the name and address of each of those owners; and
3. Enabling the purchaser of the production from an oil or gas well who is responsible for the distribution to make remittance directly to each of those owners.