KRS 353.720

Construction of KRS 353.500 to 353.720

Known as the Natural Gas Acquisition Authority Act

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

Applied in 3 court decisions — leading case Northup Properties, Inc. v. Chesapeake Appalachia, L.L.C. (2009)

Most recently applied in Acquisition-II, LLP v. EQT Production Co. (July 2016)

Effective: June 16, 1960 History: Created 1960 Ky

How often courts cite this section

citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

(1) KRS 353.500 to 353.720 shall not be construed to authorize any limitation of production of oil or gas from any well, lease, pool, field or property to prevent or control economic waste or to limit production to market demand.

(2) Nothing in KRS 353.500 to 353.720 is intended to or shall be construed as superseding, impairing, abridging or affecting any contractual rights or obligations now or hereafter existing between the respective owners of oil, gas, coal, or other minerals, or any interests therein.

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