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Ark. Code Ann. § 15-76-317

Liability for unit expenses

Acts 1979, No. 937, § 10; A.S.A. 1947, § 53-1310; Acts 2015, No. 89, § 12.

(1) The liability of each owner in a unit for the payment of unit expenses shall at all times be several and not joint or collective.

(2) In no event shall an owner in a unit be chargeable with, directly or indirectly, more than the amount charged to his or her interests in such unit pursuant to the order of the Oil and Gas Commission requiring the operation of the area as a brine production unit or brine expansion unit.

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.