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MS HB878
Bill
Status
2/1/2011
Primary Sponsor
Preston Sullivan
Click for details
AI Summary
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Mineral estate title reverts to the surface estate owner after 10 years of continuous or interrupted surface ownership, effective July 1, 2011.
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Surface estate owner must file a statement of claim with the chancery clerk after the 10-year period elapses and title reverts to the State of Mississippi.
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Surface estate owner must notify the mineral estate owner by personal service or, if the owner cannot be found, by publishing notice for three consecutive weeks in a local newspaper and mailing notice within 10 days of first publication.
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Mineral estate may be redeemed by the surface estate owner within 30 days after notice is given, with the chancery clerk recording the redemption and making a marginal notation on the original mineral estate document.
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If the 10-year ownership period is interrupted with fewer than 180 days remaining, the period shall not expire until at least 180 days after it resumes.
Legislative Description
Title to mineral estate; allow to revert to surface estate owner after a ten-year period.
Last Action
Died In Committee
2/1/2011