Okla. Stat. tit. 60, § 60-72
This is the official text of Okla. Stat. tit. 60, § 60-72, part of Oklahoma’s Stat. tit. 60, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 60,." Browse the sections below, each linked to its official government source.
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Trustee may make oil and gas leases and other mining
Official statutory text
leases.
Said trustee shall have the power and authority to make valid
oil and gas leases and other mining leases, upon said lands, for a
term not to exceed ten (10) years, and as long thereafter as oil,
Oklahoma Statutes - Title 60. Property Page 36
gas or other minerals may be produced in paying quantities, said
leases to be executed and approved under the same procedure now
followed in leasing lands for oil and gas purposes in guardianships
and estates, the bonus and rentals therefrom to be paid to the life
tenant or other person entitled thereto.
Said trustee shall have the power and authority to make valid
oil and gas leases and other mining leases, upon said lands, for a
term not to exceed ten (10) years, and as long thereafter as oil,
Oklahoma Statutes - Title 60. Property Page 36
gas or other minerals may be produced in paying quantities, said
leases to be executed and approved under the same procedure now
followed in leasing lands for oil and gas purposes in guardianships
and estates, the bonus and rentals therefrom to be paid to the life
tenant or other person entitled thereto.
Status: in_force · Read it on the official government site
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