93.52 OWNERSHIP OF SEVERED MINERAL INTERESTS.
Subdivision 1. Purpose.
The purpose of sections
is to identify and clarify the
obscure and divided ownership condition of severed mineral interests in this state. Because the
ownership condition of many severed mineral interests is becoming more obscure and further
fractionalized with the passage of time, the development of mineral interests in this state is
often impaired. Therefore, it is in the public interest and serves a public purpose to identify
and clarify these interests.
Subd. 2. Verified statement filing requirement.
Except as provided in subdivision 3, from
and after January 1, 1970, every owner of a fee simple interest in minerals, hereafter referred to
as a mineral interest, in lands in this state, which interest is owned separately from the fee title
to the surface of the property upon or beneath which the mineral interest exists, shall record in
the office of the county recorder or, if registered property, in the office of the registrar of titles in
the county where the mineral interest is located a verified statement, in triplicate, citing sections
and setting forth the owner's address, interest in the minerals, and both (1) the
legal description of the property upon or beneath which the interest exists, and (2) the book
and page number or the document number, in the records of the county recorder or registrar of
titles, of the instrument by which the mineral interest is created or acquired. No statement may
be recorded which contains mineral interests from more than one government section unless the
instrument by which the mineral interest is created or acquired includes mineral interests from
more than one government section. The county recorder and registrar of titles shall file with
the county auditor a copy of each document so recorded within 60 days after recording in the
office of county recorder or registrar of titles.
Subd. 3. Exemptions.
do not apply to the following owners of
mineral interests: The United States of America, the state of Minnesota, and any American Indian
tribe or band owning reservation lands in this state.
History: 1969 c 829 s 1; 1973 c 650 art 20 s 5; 1976 c 181 s 2; 1986 c 444; 2005 c 4 s 20