353.720 Construction of KRS 353.500 to 353.720. (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. Effective: June 16, 1960 History: Created 1960 Ky. Acts ch. 103, secs. 25 and 26, effective June 16, 1960.
Kentucky Legal Code