Sec. 23.9

225 ILCS 725/23.9, under Illinois Oil and Gas Act.

225 ILCS 725/23.9

(225 ILCS 725/23.9) (from Ch. 96 1/2, par. 5446)

    Sec. 23.9.

With respect to an interest in the oil and gas rights which is encumbered by a lien of record, both the person owning such interest and the lienor shall, for the purposes of this Section, be considered as the record owner of legal title thereto; provided that when the lien is based upon an instrument which gives the grantor or grantors in such instruments the right to execute a plan of unitization, the grantor or grantors shall for said purposes be deemed the record owner or owners.

(Source: P.A. 79-462.)