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KRS 353.240

Agreement consolidating oil and gas leases may be executed by guardian

Known as the Natural Gas Acquisition Authority Act

The act spans §§ 353–353 (136 sections).

History: Created 1944 Ky

A guardian of a minor may enter into a consolidation agreement, as defined in KRS 353.250, subject to approval by the Circuit Judge as provided in KRS 353.260. The detailed provisions of such agreement may be such as the court approves, consistently with the provisions of KRS 353.250.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.