PERFECTION OF OIL AND GAS SECURITY INTEREST
An oil and gas lien is granted and exists as part of and incident to the ownership of oil and gas rights and is perfected automatically without the need to file a financing statement or any other type of documentation. An oil and gas lien exists and is perfected from the effective date of this act.
Added by Laws 2010, c. 142, § 4, emerg. eff. April 19, 2010.
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