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MS HB698

Bill

Official Source

Status

Failed

2/3/2015

Primary Sponsor

William Arnold

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Effective July 1, 2015, a surface owner who searches land records going back 40 years and finds no deed or instrument conveying mineral rights shall own those mineral rights.

  • The surface owner must record their mineral rights interest with the clerk of the chancery court in the county where the property is located.

  • The claim must be recorded and made in accordance with applicable law.

  • Applies only to searches conducted on or after July 1, 2015.

Legislative Description

Mineral rights; revert to surface owner upon determining lack of deed or instrument of conveyance for.

Last Action

Died In Committee

2/3/2015

Committee Referrals

Energy1/19/2015

Full Bill Text

No bill text available