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O.C.G.A. § 12-4-20 — Amount of reward; eligibility for reward | Georgia Code

O.C.G.A. § 12-4-20 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 12 CONSERVATION AND NATURAL RESOURCES

Section 4. Mineral Resources and Caves, 12-4-1 through 12-4-147.

ARTICLE 2 MINING AND DRILLING

12-4-20. Amount of reward; eligibility for reward.

There shall be paid the sum of $250,000.00 to the first person, firm, or corporation, or combination thereof, which puts down and brings in the first commercial oil well in this state, provided that such well must produce at least 100 barrels of oil per day. The determination as to whether such well is producing this amount is vested in the commissioner of natural resources.

(Ga. L. 1958, p. 265, § 1; Ga. L. 1983, p. 514, § 2.)

Cross references.

- Gratuities prohibited, Ga. Const. 1983, Art. III, Sec. VI, Para. VI.

Editor's notes.

- Ga. L. 1983, p. 514, § 1, not codified by the General Assembly, provides as follows: "It is the intent of this Act to implement the provisions of Article III, Section VI, Paragraph VI of the Constitution of the State of Georgia."

RESEARCH REFERENCES

Am. Jur. 2d.

- 12 Am. Jur. 2d, Bounties, § 4.

21B Am. Jur. Pleading and Practice Forms, Rewards, § 2.

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This Georgia Code resource is curated by Graham W. Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.