Okla. Stat. tit. 68 § 2385.25

Current through Laws 2024, c. 453.

Section 2385.25 - Definitions

As used in this section through Section 2385.28 of this title:

1. "Oil" and "gas" shall be defined as such terms are defined in Section 1001.2 of this title;

2. "Remitter" means any person who distributes revenue to royalty interest owners; and

3. "Royalty interest owner" means any person who retains a non-working interest in oil or gas production.

Okla. Stat. tit. 68, § 2385.25

Added by Laws 2000, SB 1048, c. 315, §6, eff. 10/1/2000; Amended by Laws 2001, SB 495, c. 402, §3, emerg. eff. 7/1/2001.