Section 45-9-42 - Order of board for unit operation of a pool--Revocation when not approved bypersons owning required percentage of interest. - South Dakota Statutes

45-9-42. Order of board for unit operation of a pool--Revocation when not approved by persons owning required percentage of interest. If the persons owning the required percentage of interest in the unit area do not approve the plan for unit operations within a period of six months from the date on which the order providing for unit operations is made, such order shall be ineffective, and shall be revoked by the Board of Minerals and Environment unless for good cause shown the board extends such time.

Source: SDC Supp 1960, § 42.0710 (4) as enacted by SL 1961, ch 211, § 1.