NRS 522.024
“Division order” defined.

“Division order” means a written instrument executed for the purpose of:

1.

Directing the distribution of the proceeds from the sale of the production from an oil or gas well among the owners of the interests in that production;

2.

Setting forth the name and address of each of those owners; and

3.

Enabling the purchaser of the production from an oil or gas well who is responsible for the distribution to make remittance directly to each of those owners.

Source: Section 522.024 — “Division order” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-522.­html#NRS522Sec024.

Last Updated

Jun. 24, 2021

§ 522.024’s source at nv​.us