458A.24 Extension upon contingency — affidavit.
If a recorded lease contains the statement of any contingency upon the happening of which the term of any such lease may be extended, the owner of said lease may at any time before the expiration of the definite term of said lease file with said county recorder an affidavit setting forth the description of the lease, that the affiant is the owner thereof and the facts showing that the required contingency has happened, or the record of such lease shall not impart notice to the public of the continuance of said lease. This affidavit shall be recorded in full by the county recorder and such record together with that of the lease shall be due notice to the public of the existence and continuing validity of said lease, until the same shall be forfeited, canceled, set aside, or surrendered according to law.
[C39, §1360.08; C46, 50, 54, 58, 62, §84.8; C66, 71, 73, 75, 77, 79, 81, §84.24]
C93, §458A.24
Referred to in §331.602
Structure Iowa Code
Chapter 458A - OIL, GAS, AND OTHER MINERALS
Section 458A.1 - Declaration of policy.
Section 458A.3 - Waste prohibited.
Section 458A.4 - Duties and powers of director.
Section 458A.5 - Drilling permit required.
Section 458A.6 - Department shall determine market demand and regulate the amount of production.
Section 458A.7 - Department shall set spacing units.
Section 458A.8 - Integration of fractional tracts.
Section 458A.9 - Voluntary agreements for unit operation valid.
Section 458A.10 - Liens for development and operating costs.
Section 458A.11 - Rules covering practice before department.
Section 458A.14 - Appeal to district court — procedure of appeal.
Section 458A.17 - Action to restrain violation or threatened violation.
Section 458A.18 - Mineral rights taxed separately.
Section 458A.20 - Tax sale — redemption by owner.
Section 458A.21 - Lease of public lands.
Section 458A.23 - Action to obtain release — damages, costs, and attorney fees — attachment.