State of Illinois
92nd General Assembly
Legislation

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92_HB0511

 
                                               LRB9201439RCpr

 1        AN ACT concerning mineral leases.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Mineral Lease Release of  Record  Act  is
 5    amended by changing Sections 1 and 2 as follows:

 6        (765 ILCS 510/1) (from Ch. 96 1/2, par. 4401)
 7        Sec. 1.
 8        When  any lease on land heretofore or hereafter taken for
 9    the purpose of prospecting for or mining or  producing  coal,
10    oil,  gas,  or  other minerals mineral, or for the purpose of
11    mining the coal or other mineral from said land,  so  leased,
12    shall  terminate  become  forfeited  by the terms of the said
13    lease or the acts or omissions of the said lessee, his,  her,
14    or  their  heirs,  representatives, successors or assigns, it
15    shall be the duty of said lessee, his, her  or  their  heirs,
16    representatives,  successors  or assigns, within 60 days from
17    the date of termination of the lease within sixty  days  from
18    the  time this act shall take effect, if such forfeiture take
19    effect prior thereto, and within sixty days from the date  of
20    forfeiture of any and all other leases, to have such lease or
21    leases,  released  of record in the county where such land is
22    situate, without any cost to the owner or owners of the land;
23    and any failure so to  do  after  notice  and  demand,  shall
24    constitute a petty offense.
25    (Source: P.A. 77-2719.)

26        (765 ILCS 510/2) (from Ch. 96 1/2, par. 4402)
27        Sec.  2.   Whenever  the lessee of any coal, oil, gas, or
28    other mineral lease shall terminate and the lessee, his, her,
29    or  their  heirs,  representatives,  successors,  or  assigns
30    lands, or the person, firm, company or  corporation,  owning,
 
                            -2-                LRB9201439RCpr
 1    holding  or  having control of any such lease shall allow the
 2    same to become forfeited, or by his, her or their acts  shall
 3    forfeit  the same, and shall refuse, fail or neglect to cause
 4    the same to be released of record in the  county  where  such
 5    lands  are  located situate, the lessor or owner of the lands
 6    may begin and maintain a civil action for a judgment that the
 7    lease  has  terminated.   The  recording  of  a  judgment  of
 8    termination in the office  of  the  recorder  of  the  county
 9    wherein  are  located  the  lands  covered by such terminated
10    lease shall constitute a release of the lease.  Upon judgment
11    being rendered that a  lease  has  terminated  and  that  the
12    lessee, his, her or their heirs, representatives, successors,
13    or assigns has not released the same of record within 60 days
14    after  notice  and  demand,  the  court  shall enter judgment
15    against all such persons who shall  have  failed  to  release
16    such   lease  of  record  for  all  court  costs,  litigation
17    expenses, and attorney's  fees  reasonably  incurred  by  the
18    lessor  or  owner  of  the lands or minerals in obtaining the
19    judgment of termination. to compel the party to  release  the
20    same  of record and upon judgment being rendered ordering the
21    lease forfeited and directing the release, the lessee, or the
22    person, firm,  company  or  corporation  owning,  holding  or
23    controlling  the  lease,  shall  be  ordered to pay all costs
24    accruing by the action, including a reasonable attorney's fee
25    to be taxed as cost.
26    (Source: P.A. 84-1308.)

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