Tuesday, June 23, 2015
According to Energy & Environmental Law Blog, the Supreme Court of Ohio issued a decision in regards to the Ohio Dormant Minerals Act on June 18. It was the Court’s first ever decision involving the act.
In the case of Dodd v. Croskey, 2015-Ohio-2362, the Court ruled that a severed mineral interest holder can keep his or her interest in the minerals. One way to do this is by filing an affidavit or record that shows a savings event in the 20 years prior to the abandonment notice. The other way to keep mineral interest is by filing a claim to keep mineral interests within 60 days after the abandonment notice.
The Supreme Court of Ohio’s decision can be read here.
Via: Energy & Environmental Law Blog > Supreme Court Rules on Ohio Dormant Mineral Act
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