149.060 Sale of timber from leased lands
KentuckyStatutes
Ask Donna
How this section applies to your facts.
KY Code › Title XII › Chapter 149 › Section 149.060
Text
149.060 Sale of timber from leased lands.
If merchantable timber is taken from land leased to the Energy and Environment Cabinet,
one-half (1/2) of the stumpage value of the timber shall be paid into the State Treasury
and the other half (1/2) shall be paid to the lessor or his assigns. The sale of timber grown
upon leased lands shall be made only by consent of all parties interested in the land or by
court order. If all interested parties do not agree to sell the timber, the cabinet may, by a
suit in equity, to which all persons interested shall be made parties, obtain an order
directing the cabinet to sell merchantable timber on any leased lands.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.