Arkansas § 15-72-204 - Prerequisite for drilling permit — Operator's proof of financial responsibility.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-72-204 — Prerequisite for drilling permit — Operator's proof of financial responsibility., with citation guidance and answers to common questions.
§ 15-72-204. Prerequisite for drilling permit — Operator's proof of financial responsibility.
Before the Oil and Gas Commission issues a permit to drill, an operator who is doing business in this state and is not subject to the provisions of § 15-71-116 shall file proof of financial responsibility with the commission. Before the commission transfers a well and issues a producer's certificate of compliance and authorization to transport oil or gas, a person who acquires the right of an operator of an existing well and is not subject to the provisions of § 15-71-116 shall file proof of financial responsibility with the commission.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-72-204
What does Arkansas Code of 1987 Annotated § 15-72-204 cover?
Section 15-72-204 ("Prerequisite for drilling permit — Operator's proof of financial responsibility.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 15-72-204?
A common citation format is "Arkansas Code of 1987 Annotated § 15-72-204" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 15-72-204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.