Nebraska Statutes 57-206. Lease; discharge by entry on margin of record; procedure
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Any oil and gas or mining lease that has been or may hereafter be recorded in the office of the register of deeds of any county may be discharged and canceled of record by an entry on the margin of the record thereof signed by the lessee or his assigns of record, or his duly authorized attorney in fact or personal representative, or, if a corporation, by its duly authorized officers, surrendering all of his or its right, title and interest in and to such lease in the presence of the register of deeds or his deputy, who shall subscribe the same as witness.
Terms Used In Nebraska Statutes 57-206
- Attorney: shall mean attorney at law. See Nebraska Statutes 49-801
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC