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Ark. Code Ann. § 15-73-204

Notice to lessee to release forfeited lease — Damages for failure to release

Applied in 1 court decision — leading case Snowden v. JRE Investments, Inc. (2010)

Most recently applied in Snowden v. JRE Investments, Inc. (June 2010)

Acts 1921, No. 192, § 2; 1923, No. 170, § 2; Pope's Dig., § 10506; A.S.A. 1947, § 53-313.

Any owner of lands upon which a lease for the development of oil or gas or other minerals has been given and the lessee forfeits his or her rights at any time to further prospect for such minerals upon the lands by reason of a failure to pay periodical rentals or failure to perform other conditions that nullify the lease as to lessee's rights therein may give written notice, served in the manner of a legal summons upon the lessee, demanding that the lessee execute and place on record a release which in effect will remove any cloud existing upon the title of the lands as provided in § 15-73-203. Upon failure of the lessee to comply with the notice, he or she shall be liable to the lessor or owner of the lands:

(1) In double damages in whatever sum the owner of the lands may sustain by reason of the cloud or encumbrances upon the lands, after thirty (30) days from the service of the notice, to be not less than two (2) annual rentals as fixed by the original lease; and

(2) For all costs, including a reasonable attorney's fee to be fixed by the court.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.