Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter113. Conservation and Development. |
SubchapterV. OIL AND GAS CONSERVATION |
Article27. Oil and Gas Conservation |
Part2. The Oil and Gas Conservation Act |
§113-407. Stay bond
Latest version.
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In case the order or decision of the Department is stayed or suspended, the order or judgment of the court shall not become effective until a bond shall have been executed and filed with and approved by the court, payable to the Department, sufficient in amount and security to secure the prompt payment, by the party petitioning for the stay, of all damages caused by the delay in the enforcement of the order or decision of the Department.
(1945, c. 702, s. 27; 1973, c. 1262, s. 86.)