NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

CHAPTER 905

SENATE BILL 351

AN ACT TO AMEND G. S. 1-42.1 RELATING TO CERTAIN MINERAL CLAIMS.

The General Assembly of North Carolina do enact:

Section 1. G. S. 1-42.1 is hereby amended by adding a new subsection at the end thereof to read as follows:

"(d)      All oil, gas or mineral interests in lands severed or separated from the surface fee simple ownership must be listed for ad valorem taxes and notice of such interest must be filed in writing in the manner provided by G. S. 1-42.1 (b) and recorded in the local registry in the book provided by G. S. 1-42 within two years from September 1, 1967, to be effective against the surface fee simple owner or creditors, purchasers, heirs or assigns of such owner. Subsurface oil, gas and mineral interests shall be assessed for ad valorem taxes as real property and such taxes shall be collected and foreclosed in the manner authorized by Chapter 105 of the General Statutes of North Carolina. The Board of County Commissioners shall publish a notice of this subsection in a newspaper published in the county or having general circulation in the county once a week for four consecutive weeks prior to September 1, 1967.

Sec. 2. The provisions of this Act shall apply to the following counties: Anson, Buncombe, Durham, Franklin, Guilford, Hoke, Jackson, Montgomery, Person, Richmond, Swain, Transylvania, Union, Wake and Warren.

Sec. 3. All laws and clauses of laws in conflict with this subsection are hereby repealed.

Sec. 4. This subsection shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 23rd day of June, 1967.