76-164. Board of regents may lease lands for oil, gas or other minerals. The state board of regents is hereby authorized to lease any of the lands under its control, the title of which is vested in the state of Kansas, for the production of oil, gas or other minerals which the board may deem valuable for that purpose. All such leases shall be on such terms and conditions as the board of regents may prescribe: Provided, however, That such leases shall not be for a period of more than ten years, and so long as oil, gas or other minerals are produced in paying quantities thereon: And provided further, Such leases shall retain to the state a royalty interest of not less than one-eighth part of all the oil, gas or other minerals produced.
History: L. 1943, ch. 268, § 1; March 5.
Structure Kansas Statutes
Chapter 76 - State Institutions And Agencies; Historical Property
Article 1 - General Provisions
76-112e Same; competitive bids; advertisement.
76-112f Same; proceeds from leases under 76-112, 76-112e.
76-113 Same; proceeds from leases under L. 1925, ch. 266.
76-114 Oil and gas well contracts for drilling on lands.
76-116 Sale of road materials to counties.
76-116d Disposal of certain books or art objects by certain institutions; institution defined.
76-116e Same; trade or sale of duplicate books or objects, when; disposition of proceeds.
76-125 Fire protection at certain institutions.
76-137 Custody of deeds or bonds for deeds of certain state institutions.
76-139 Licenses for spur railroad tracks to institutions under L. 1901, ch. 353, § 34.
76-142 Maintaining slaughter house near charitable institution.
76-156a Investing agents for state educational institutions.
76-156b Pilot investment program of idle funds by the board of regents.
76-157 Readers for blind persons.
76-158 Same; duties of secretary for children and families; pay of readers.
76-162 Dental treatment for inmates of certain state institutions.
76-164 Board of regents may lease lands for oil, gas or other minerals.
76-166 Same; lessee liable in damages.
76-168 Board of regents may lease lands for oil, gas or other minerals; disposition of proceeds.
76-169 Sale of certain real estate in Johnson county; disposition of proceeds.
76-172 Funds of individuals in certain institutions; definitions.
76-173 Same; designation of person in charge of trust funds; deposit in interest-bearing accounts.
76-175 Same; authorized investments for trust funds; disposition of interest.
76-175a Same; director of accounts and reports; transfer of moneys; administration of act.
76-179 Same; expenses of sale or lease; disposition of proceeds.