SB 968 Summary

• Establishes pre-suit notice requirements for civil actions related to violations of the Production Revenue Standards Act to recover interest or attorney fees.

• Requires claimants to provide written notice by certified mail containing the claimant's name and address, a concise statement of the factual basis of the claim, and the amount of monetary damages sought.

• Mandates a 30-day waiting period after notice is provided before an action can be filed, unless the claim is denied earlier or the defendant agrees to pay in full.

• Establishes that a claim is deemed denied if the defendant fails to agree to pay the amount claimed or a negotiated lesser amount within 30 days.

• Effective July 1, 2013, with emergency clause for immediate implementation.