Illinois Compiled Statutes
Chapter 765 - PROPERTY
765 ILCS 510/ - Mineral Lease Release of Record Act.

(765 ILCS 510/0.01) (from Ch. 96 1/2, par. 4400)
Sec. 0.01.
Short title.
This Act may be cited as the
Mineral Lease Release of Record Act.

(Source: P.A. 86-1324.)
 
(765 ILCS 510/1) (from Ch. 96 1/2, par. 4401)
Sec. 1.

When any lease on land heretofore or hereafter taken for the purpose
of
prospecting for or mining or producing coal, oil, gas, or other
minerals shall terminate by
the terms of the lease or the acts or omissions of the
lessee, his, her, or
their
heirs, representatives, successors or assigns, it shall be the duty of said
lessee, his, her or their heirs, representatives, successors or assigns,
within 60 days from the date of termination of the lease, to have such lease or leases,
released of record in the county where such land is situate, without any
cost to the owner or owners of the land; and any failure so to do after
notice and demand, shall constitute a petty offense.

(Source: P.A. 92-379, eff. 8-16-01.)
 
(765 ILCS 510/2) (from Ch. 96 1/2, par. 4402)
Sec. 2.

Whenever any coal, oil, gas, or other mineral
lease shall terminate and the lessee, his, her, or their heirs,
representatives, successors, or assigns shall refuse, fail or neglect to
cause the same to be released of record in the county where such lands are
located, the lessor or owner of the lands may begin and
maintain a civil
action for a judgment that the lease has terminated. The recording of a
judgment of termination in the office of the recorder of the county wherein are
located the lands covered by such terminated lease shall constitute a release
of the lease. Upon judgment being rendered that a lease has terminated and
that the lessee,
his, her or their heirs, representatives, successors, or assigns has not
released the
same of record within 60 days after notice and demand, the court shall enter
judgment against all such persons who shall have failed to release such lease
of record for all court costs, litigation expenses, and attorney's fees
reasonably incurred by the lessor or owner of the lands or minerals in
obtaining the judgment of termination.

(Source: P.A. 92-379, eff. 8-16-01.)

Structure Illinois Compiled Statutes