Okla. Stat. tit. 52, § 52-57
This is the official text of Okla. Stat. tit. 52, § 52-57, part of Oklahoma’s Stat. tit. 52, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 52,." Browse the sections below, each linked to its official government source.
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Oil carriers not to be interested in producing
Official statutory text
It shall be unlawful for any corporation, joint-stock company,
partnership or person, engaged in the business of carrying or
transporting crude oil or petroleum, or any of the products thereof,
for hire or otherwise, within the limits of this article, and not
becoming a common purchaser as defined by, and accepting the
provisions of this article, to own or operate, directly or
indirectly, any oil well, oil leases or oil holdings or interests in
this state, and each of said corporations, joint stock companies,
partnerships or persons, shall divest themselves of all legal or
equitable ownership, interest or control, directly or indirectly, in
oil wells, oil leases or oil holdings or interests in this state.
R.L. 1910, § 4310.
partnership or person, engaged in the business of carrying or
transporting crude oil or petroleum, or any of the products thereof,
for hire or otherwise, within the limits of this article, and not
becoming a common purchaser as defined by, and accepting the
provisions of this article, to own or operate, directly or
indirectly, any oil well, oil leases or oil holdings or interests in
this state, and each of said corporations, joint stock companies,
partnerships or persons, shall divest themselves of all legal or
equitable ownership, interest or control, directly or indirectly, in
oil wells, oil leases or oil holdings or interests in this state.
R.L. 1910, § 4310.
Status: in_force · Read it on the official government site
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