Nebraska § 72-904 - Lessees; bond required.
Full text of Nebraska Revised Statutes of Nebraska § 72-904 — Lessees; bond required., with citation guidance and answers to common questions.
§ 72-904. Lessees; bond required.
The Board of Educational Lands and Funds shall require lessees of such oil and gas leases, and assigns thereof, to furnish bonds to the state in such form and substance as may be prescribed by the board, and in amounts adequate to indemnify the state against loss, damage or detriment by reason of the failure of the lessee to fully discharge the obligations contained in the lease, or assignment thereof; Provided, that a blanket bond may be accepted by the board to cover more than one lease issued to the same lessee.
Frequently Asked Questions About Nebraska § 72-904
What does Revised Statutes of Nebraska § 72-904 cover?
Section 72-904 ("Lessees; bond required.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. 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 Nebraska § 72-904?
A common citation format is "Revised Statutes of Nebraska § 72-904" (Nebraska). 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 Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 72-904 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska 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 Nebraska.