§ 534. Gas produced from State lands
(a) All State oil and gas leases shall provide that the Board may require the lessee to dedicate all the natural gas produced from State lands for the use and benefit of the people of the State.
(b) If the Board determines that it would benefit the people of the State to so dedicate the natural gas, the Board may arrange for the sale of natural gas for the use of the people of the State, or arrange for the exchange of the natural gas produced with producers of natural gas from other lands if the exchange will benefit the people of the State.
(c) If the Board determines the dedication would not be in the public interest, or would cause waste, or would unreasonably deny the lessee the opportunity to economically market the natural gas, it may waive dedication. (Added 1981, No. 240 (Adj. Sess.), § 2, eff. April 28, 1982.)
Structure Vermont Statutes
Title 29 - Public Property and Supplies
Chapter 14 - Natural Gas and Oil Conservation
§ 504. Composition of the Board
§ 511. Hearings conducted by examiners
§ 512. Hearings conducted by the Board
§ 516. Governmental cooperation
§ 517. Standards for rulemaking
§ 524. Antitrust immunity for voluntary units
§ 531. Management of State oil and gas resources
§ 532. State oil and gas leases authorized
§ 533. Notice of intention to lease State lands
§ 534. Gas produced from State lands
§ 535. State reservation of oil, gas, and minerals
§ 543. Reports of oil and gas operations
§ 545. Conveyance and acquisition of oil and gas interests
§ 551. Illegal oil, gas, and product
§ 552. Illegal oil, gas, or product declared contraband
§ 553. Disclosure of confidential information prohibited
§ 561. Release of oil and gas leases
§ 562. Subdivision of land subject to an oil and gas lease
§ 563. Abandonment of oil and gas interests; preservation
§ 564. Surface use value appraisal of agriculture and forestlands