Definitions

N.D. Cent. Code § 35-37-01
in effect
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35-37-01. Definitions As used in this chapter: 1. "First purchaser" means the first person who purchases oil or gas from an interest owner at or after the time the oil or gas is severed. 2. "Interest owner" means a person owning an entire or fractional interest of any kind or nature in the oil or gas at the time it is severed, or a person who has a right, either express or implied, to receive a monetary payment determined by the value of the oil or gas severed. 3. "Operator" means a person engaged in the severance of oil or gas. 4. "Purchaser" means a person who purchases oil or gas from a first purchaser. 5. "Severed" means the taking, extraction, or production from the land of oil or gas in any manner.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t35c37.pdf#nameddest=35-37-01Fetched: 10/16/2026

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