Kentucky Revised Statutes

Ky. Rev. Stat. § 353.720 (2026)

Construction of KRS 353.500 to 353.720

✓ current as of May 2026
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(1) KRS 353.500 to 353.720 shall not be construed to authorize any limitation of production of oil or gas from any well, lease, pool, field or property to prevent or control economic waste or to limit production to market demand. (2) Nothing in KRS 353.500 to 353.720 is intended to or shall be construed as superseding, impairing, abridging or affecting any contractual rights or obligations now or hereafter existing between the respective owners of oil, gas, coal, or other minerals, or any interests therein. Effective: June 16, 1960 History: Created 1960 Ky. Acts ch. 103, secs. 25 and 26, effective June 16, 1960.

Notes of Decisions
Cited in 2 cases, 1994–2016 · leading case: Acquisition-II, LLP v. EQT Prod. Co., 830 F.3d 444 (6th Cir. 2016).
Acquisition-II, LLP v. EQT Prod. Co., 830 F.3d 444 (6th Cir. 2016). “shall be construed as superseding, impairing, abridging or affecting any contractual rights,” Ky. Rev. Stat. Ann. § 353.720 , leading EQT to contend that the court erred by using § 353.”
Pro Gas, Inc. v. Har-Ken Oil Co., 883 S.W.2d 485 (Ky. 1994). “500 through KRS 353.720 shall be liberally construed to give effect to such public policy.”
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