Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 04, 2012 |
referred to judiciary |
Jun 10, 2011 |
referred to judiciary |
Assembly Bill A8299
2011-2012 Legislative Session
Sponsored By
ROSENTHAL
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Ellen C. Jaffee
Michael G. Miller
Matthew Titone
Sam Roberts
multi-Sponsors
William Boyland
Deborah Glick
Richard Gottfried
Rhoda Jacobs
2011-A8299 (ACTIVE) - Details
2011-A8299 (ACTIVE) - Summary
Provides that any oil, gas or mineral land lease given on land owned by tenants in common, joint tenants or tenants by the entirety shall be signed by each such tenant owning an interest in the subject land as of the date the lease is to be signed; any lease which contains less than every signature of such tenants shall be void and unenforceable.
2011-A8299 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8299 2011-2012 Regular Sessions I N A S S E M B L Y June 10, 2011 ___________ Introduced by M. of A. ROSENTHAL -- read once and referred to the Committee on Judiciary AN ACT to amend the general obligations law, in relation to signatures required on oil, gas or mineral leases THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 5 of section 5-333 of the general obligations law is renumbered subdivision 5-a and a new subdivision 5 is added to read as follows: 5. NOTWITHSTANDING ANY OTHER LAW, RULE OR REGULATION TO THE CONTRARY, ANY OIL, GAS OR MINERAL LEASE CONCERNING OIL, GAS OR MINERAL RIGHTS OWNED BY TENANTS IN COMMON, JOINT TENANTS OR TENANTS BY THE ENTIRETY SHALL BE SIGNED BY EACH SUCH TENANT OWNING AN INTEREST IN THE SUBJECT LAND OR RIGHTS AS OF THE DATE THE LEASE IS SIGNED. ANY LEASE WHICH CONTAINS LESS THAN EVERY SIGNATURE OF ALL SUCH TENANTS SHALL BE VOID AND UNENFORCEABLE IN ITS ENTIRETY AS TO ANY SURFACE RIGHTS, AND VOID AND UNENFORCEABLE AS TO ANY SUB-SURFACE INTEREST OF ANY CO-TENANT WHO HAS NOT SIGNED A LEASE. NO RATIFICATION OF ANY LEASE SHALL BE EFFECTIVE UNLESS IT CONTAINS THE NOTICE OF CANCELLATION PROVISIONS SET FORTH IN SUBDIVISION 5-A OF THIS SECTION. S 2. Subdivision 6 of section 5-333 of the general obligations law, as added by chapter 386 of the laws of 2005, is amended to read as follows: 6. The provisions of subdivisions one, two, three and four of this section shall apply to leases entered into on or after January first, nineteen hundred eighty-five [and], the provisions of subdivision [five] FIVE-A of this section shall apply to leases entered into on or after January first, two thousand six AND THE PROVISIONS OF SUBDIVISION FIVE OF THIS SECTION SHALL APPLY TO LEASES ENTERED INTO ON OR AFTER THE EFFECTIVE DATE OF SUBDIVISION FIVE OF THIS SECTION. S 3. This act shall take effect on the thirtieth day after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11697-02-1
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