Arkansas Theft of Production - Prevention by Lessee

State:
Multi-State
Control #:
US-OG-835
Format:
Word; 
Rich Text
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Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the standard lease form.

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FAQ

Theft of Services (AR Code §5-36-104): You may face a theft of services charge if, with the intent to defraud another person or business, you obtain services you know are available for compensation by the use of threats, deception, or other methods to avoid payment.

Criminal Offenses § 5-36-115. Theft--Leased, rented, or entrusted property--False report of wealth or credit.

Theft of property. (2) Obtains the property of another person by deception or by threat with the purpose of depriving the owner of the property. (C) The property is a decorative or memorial item from a cemetery, graveyard, or a person's grave site.

Theft of property. (2) Obtains the property of another person by deception or by threat with the purpose of depriving the owner of the property. (C) The property is a decorative or memorial item from a cemetery, graveyard, or a person's grave site.

Theft of property or services valued between $5,000 and $25,000 constitutes a Class C felony. Additionally, theft rises to the level of a Class C felony in Arkansas when: the stolen property is a firearm valued at $2,500 or more. the stolen property is building material valued at $500 or more.

Crimes of theft can be felonies or misdemeanors, and they increase in degree depending on the amount stolen. Misdemeanor convictions can be punished by up to one year in jail. The punishment range for felonies is one to 30 years.

Shoplifting (AR Code §5-36-116): In Arkansas, you can be charged with theft of property if you shoplift, which includes hiding unpurchased personal property from a store or business on your person with the intent to not pay and to deprive the owner of their property.

Criminal Offenses § 5-36-115. Theft--Leased, rented, or entrusted property--False report of wealth or credit.

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Arkansas Theft of Production - Prevention by Lessee