Requires recordings of natural gas contracts or leases with county clerk or equivalent official within fifteen days of execution; provides such recordings constitute notice.
STATE OF NEW YORK
________________________________________________________________________
849
2013-2014 Regular Sessions
IN ASSEMBLY(Prefiled)
January 9, 2013
___________
Introduced by M. of A. ROSENTHAL, ABINANTI -- read once and referred to
the Committee on Environmental Conservation
AN ACT to amend the environmental conservation law, in relation to
recordings of natural gas contracts or leases
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The environmental conservation law is amended by adding a
2 new section 23-0315 to read as follows:
3 § 23-0315. Recording of natural gas contracts and/or leases.
4 1. Within fifteen days of execution, all natural gas contracts or
5 leases shall be recorded with the county clerk's office, or equivalent
6 official, in the county in which the property that is subject to the
7 contract or lease, is situated.
8 2. Such recording shall constitute notice to all stakeholders with an
9 interest in the property.
10 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05211-01-3
