Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 15-73-307 - Divestiture of contingent remaindermen's title — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  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 73 - Oil and Gas Leases and Lease Interests Sub/
  7. Subchapter 3 - Leases by Life Tenants/
  8. Section 15-73-307 - Divestiture of contingent remaindermen's title
Arkansas Legal Code

Section 15-73-307 - Divestiture of contingent remaindermen's title

Ask AI about this
The order of the court fixing the proportionate part of the minerals allowed to the life tenant as compensation for damages, and the order confirming the execution of the lease, shall operate to:(1) Work a divestiture of title of the contingent remaindermen, and each of them, in and to the proportionate part of the minerals allowed to the life tenant, absolutely, and in and to the leasehold estate insofar as the interest is conveyed by the lease; and(2) Free the respective interests of any limitations, restrictions, or conditions imposed by the original will or deed.Acts 1929, No. 76, § 6; Pope's Dig., § 1805; A.S.A. 1947, § 53-308.