522.180 - Extension of expiration date of Compact; reentry of State after withdrawal. - Nevada Statutes

522.180  Extension of expiration date of Compact; reentry of State after withdrawal.

      1.  The Governor is authorized and empowered, for and in the name of the State of Nevada, to execute agreements for the further extension of the expiration date of the Interstate Compact to Conserve Oil and Gas, and to determine if and when it shall be to the best interest of the State of Nevada to withdraw from the Compact following a notice of 60 days as provided by its terms.

      2.  In the event of withdrawal, the Governor or any succeeding Governor may thereafter, in the Governor’s discretion, effect the reentry of the State into the Compact as herein provided.

      [3:42:1955]