Kansas Statutes 55-1618. Same; nonapplicability to certain interest payments
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Terms Used In Kansas Statutes 55-1618
- Act: means the provisions of Kan. See Kansas Statutes 55-1626
- Payment: means the sum to be paid to a payee by a payor arising from payee's interest in a first sale of oil or gas occurring on or after the effective date of this act. See Kansas Statutes 55-1614
- Statute: A law passed by a legislature.
No provision of this act shall be construed to apply to any interest payment governed, in law or equity, by any statute of the United States of America or any valid rule and regulation or order promulgated thereunder.