Arkansas § 15-73-402 - Petition for partition and sale — Parties.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-73-402 — Petition for partition and sale — Parties., with citation guidance and answers to common questions.
§ 15-73-402. Petition for partition and sale — Parties.
Any such owner, or owners, desiring a sale and partition of the oil and gas leasehold interests shall file, in the circuit court of the county in which the lands or the greater part thereof lie, a written petition describing the lands in and under which the oil and gas interests lie, and shall make as parties defendant all owners of the various interests in the oil and gas lease rights on and in the lands, and the amount of interest held by each, with a prayer that the whole of the oil and gas lease rights be sold, and that the money derived from the sale be divided among the owners in proportion as their interest shall bear to the whole.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-73-402
What does Arkansas Code of 1987 Annotated § 15-73-402 cover?
Section 15-73-402 ("Petition for partition and sale — Parties.") 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 § 15-73-402?
A common citation format is "Arkansas Code of 1987 Annotated § 15-73-402" (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 § 15-73-402 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.