# KRS § 353.020: 353.020 Oil and gas lease or contract, when lessor may avoid

> Kentucky · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.020

## Section

- **Citation:** KRS § 353.020
- **Heading:** 353.020 Oil and gas lease or contract, when lessor may avoid
- **Jurisdiction:** Kentucky
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KY Code / Title XXVIII / Chapter 353 / Section 353.020

## Text

353.020 Oil and gas lease or contract, when lessor may avoid.

If a lease or contract of lands for oil and gas purposes provides in substance that actual

drilling or development may be postponed by the payment or tender of the rental on or

before a certain day, and the rental is not so paid or tendered, the lessor or landowner may

avoid the lease or contract unless before executing a new lease or contract he has

accepted payment of the rental.

## Nearby sections

- [KRS § 353.010 353.010 Definitions for chapter](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.010.md)
- [KRS § 353.020 353.020 Oil and gas lease or contract, when lessor may avoid](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.020.md)
- [KRS § 353.030 353.030 Nonproductive well, when lease or contract satisfied by](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.030.md)
- [KRS § 353.040 353.040 When offset wells to be drilled](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.040.md)
- [KRS § 353.050 353.050 Plat, showing well, to be filed if well is to extend through coal-bearing strata -- Copies to certain persons](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.050.md)
- [KRS § 353.060 353.060 Petition to object to location of well -- Notice -- Hearing -- Drilling permit](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.060.md)
- [KRS § 353.070 353.070 Index of plats -- Agreement permitting well operator to select location](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.070.md)
- [KRS § 353.080 353.080 Drilling through coal bed](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.080.md)
- [KRS § 353.090 353.090 Gas found beneath or between coal beds](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.090.md)
- [KRS § 353.100 353.100 Casings to remain in place during life of productive well](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.100.md)
- [KRS § 353.110 353.110 Abandonment of well drilled through coal strata -- Plugging of well](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.110.md)
- [KRS § 353.120 353.120 Method of plugging well drilled through coal-bearing strata](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.120.md)
- [KRS § 353.130 353.130 Alternative methods that may be used when strata shot](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.130.md)
- [KRS § 353.140 353.140 Gas escape pipe, when to be used](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.140.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXVIII_C353_S353.020. Check the current official text before relying on it. Not legal advice.