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Section 15-72-307 - Formation of units not in restraint of trade — Arkansas Law | CourtGPT
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  3. Arkansas/
  4. Title 15 - Natural Resources and Economic Development (§§ 15-1-101 — 15-76-324)/
  5. Subtitle 6 - Oil, Gas, and Brine/
  6. Chapter 72 - Oil and Gas Production and Conservation Sub/
  7. Subchapter 3 - Pools and Drilling Units/
  8. Section 15-72-307 - Formation of units not in restraint of trade
Arkansas Legal Code

Section 15-72-307 - Formation of units not in restraint of trade

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The formation of any drilling unit or salt water disposal unit as provided in this subchapter and the operation of that unit under order of the Oil and Gas Commission shall not be a violation of any statute of this state relating to trusts, monopolies, contracts, or combinations in restraint of trade.Acts 1939, No. 105, § 15; 1951, No. 134, § 1; 1957, No. 401, § 1; 1965, No. 41, § 1; A.S.A. 1947, § 53-115.