TXO PRODUCTION CORP. v. FIRST NATIONAL BANK OF RUSSELLVILLE No. 85-108 705 S.W.2d 423Supreme Court of Arkansas Opinion delivered March 10, 1986 1. OIL GAS — PROCEEDS OF SALE OF OIL GAS MUST BE PAID TO ROYALTY OWNER WITHIN SIX MONTHS OF SALE. — Act 269, Ark. Acts of 1981 [Ark. Stat. Ann. 53-525 (Supp. […]
