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OK SB2201
Bill
AI Summary
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Amends 58 O.S. 2001, Section 931 to authorize administrators, executors, and guardians to enter into contracts with companies for construction and operation of wind energy conversion systems on estate property.
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Allows administrators, executors, and guardians to sell easements for wind energy conversion systems across lands belonging to estates of deceased persons, minors, and incompetent persons on reasonable terms.
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Amends 58 O.S. 2001, Section 961 to permit leasing of property used for wind energy conversion for up to 15 years with district court approval.
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Requires court approval and allows heirs, devisees, legatees, and next of kin to be heard regarding proposed wind energy leases of estate property.
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Effective date is November 1, 2010.
Legislative Description
Probate procedure; allowing certain contracts; authorizing persons to lease property for certain purposes. Effective date.
Civil and Criminal Procedure and Courts
Last Action
Approved by Governor 04/02/2010
4/5/2010