HB59 Alabama 2012 Session
Updated Jul 25, 2021
HB59 Alabama 2012 Session
House Bill
Expired
Current Status
Regular Session 2012
Session
1
Sponsor
Summary
- Primary Sponsor
-
Elaine BeechDemocrat - Session
- Regular Session 2012
- Title
- Real property, mineral rights, revert to current property owner after 30 years under certain conditions
- Description
Under existing law, a person may reserve the right to minerals in real property that he or she conveys to another person or entity.
This bill would provide that a reservation of mineral rights in real property made on or after the effective date of this act shall expire within 30 years from the date of the reservation unless severance or extraction of the minerals has been commenced prior to the expiration of the right.
- Subjects
- Property, Real and Personal
Bill Actions
Read for the first time and referred to the House of Representatives committee on Commerce and Small Business
Bill Text
Documents
Source: Alabama Legislature