Statutes, codes, and regulations
South Dakota Codified Laws
Title 5 - PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Chapter 7 - MINERALS ON SCHOOL AND PUBLIC LANDS
Section 5-7-32 - Pooling agreements on behalf of state authorized

S.D. Codified Laws § 5-7-32

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Current through the 2024 Legislative Session
Section 5-7-32 - Pooling agreements on behalf of state authorized

The commissioner of school and public lands is hereby authorized, in his discretion, to enter into agreements on behalf of the State of South Dakota for the pooling of acreage under his jurisdiction with other acreage for unit operations for the production of oil, gas, or geothermal resources and for the apportionment of oil, gas, or geothermal resources royalties on an acreage or other equitable basis.

SDCL 5-7-32

SL 1939, ch 164, § 1; SDC Supp 1960, § 42.0815; SL 1976, ch 20, § 3.