Ark. Code Ann. § 15-73-308

Expiration, forfeiture, or cancellation of lease - New lease

Year: 2026Length: 198 words
If any lease executed under the provisions of this subchapter shall forfeit, expire, become cancelled, or be rescinded before the death of the life tenant, the life tenant may execute a new lease in the manner provided by this subchapter, but in that case the court shall not allow him or her any further proportion of the minerals, but may allow him or her all or any part of the consideration and the rentals as may seem to the court to be equitable and just. Acts 1929, No. 76, § 8; Pope's Dig., § 1807; A.S.A. 1947, § 53-310. If any lease executed under the provisions of this subchapter shall forfeit, expire, become cancelled, or be rescinded before the death of the life tenant, the life tenant may execute a new lease in the manner provided by this subchapter, but in that case the court shall not allow him or her any further proportion of the minerals, but may allow him or her all or any part of the consideration and the rentals as may seem to the court to be equitable and just. Acts 1929, No. 76, § 8; Pope's Dig., § 1807; A.S.A. 1947, § 53-310.
Ark. Code Ann. § 15-73-308: Expiration, forfeiture, or cancellation of lease - New lease | Justis AI