TITLE 62: MINING
CHAPTER I: DEPARTMENT OF NATURAL RESOURCES
PART 240 THE ILLINOIS OIL AND GAS ACT
SECTION 240.1450 AUTHORITY OF PERSON SIGNING NOTIFICATION OF ACCEPTANCE
Section 240.1450 Authority of Person Signing Notification of Acceptance
a) The notification of acceptance shall be signed by the new permittee or by the new permittee's authorized representative.
b) If the new permittee is an individual, the notification of acceptance shall be signed by the individual. If the new permittee is a partnership, the notification of acceptance shall be signed by a general partner. If the new permittee is a corporation, the notification of acceptance shall be signed by an officer of the corporation.
c) In lieu of the signature of the new permittee or authorized individual, the notification of acceptance may be signed by a person having a power of attorney to sign for a permittee or authorized individual, provided a certified copy of the power of attorney is on file with the Department or accompanies the notification.
d) The new permittee may also submit a court order or other documents evidencing his or her ownership of the lease or unit to be transferred in the event that the current permittee cannot be located or refuses to sign the notification of transfer form.
e) The current permittee may submit documentation evidencing thetransfer of the ownership of the lease, unit or wells in the event the new permittee refuses to sign the notification of acceptance form.
(Source: Amended at 42 Ill. Reg. 5811, effective March 14, 2018)