Nebraska § 57-223 - Oil and gas leases; trustee for remaindermen; execute when authorized by court; procedure.
Full text of Nebraska Revised Statutes of Nebraska § 57-223 — Oil and gas leases; trustee for remaindermen; execute when authorized by court; procedure., with citation guidance and answers to common questions.
§ 57-223. Oil and gas leases; trustee for remaindermen; execute when authorized by court; procedure.
The trustee shall have the power and authority, subject to approval of the county court of the county where the land is located, to make valid oil and gas leases, pooling or unitization contracts, and other mining leases, upon the lands, for a term not to exceed ten years, and as long thereafter as oil, gas, or other minerals may be produced in paying quantities. The procedure to obtain such authority shall be substantially the same as the procedure provided under sections 57-211 and 57-212. The bonus and rentals therefrom shall be paid to the life tenant or other person entitled thereto.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 57-223
What does Revised Statutes of Nebraska § 57-223 cover?
Section 57-223 ("Oil and gas leases; trustee for remaindermen; execute when authorized by court; procedure.") 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 § 57-223?
A common citation format is "Revised Statutes of Nebraska § 57-223" (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 § 57-223 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.