All property, whether real or personal, that may be acquired in the conduct of unit operations hereunder shall be acquired for the account of the owners within the unit area, and shall be the property of such owners in the proportion that the expenses of unit operations are charged.

Terms Used In South Dakota Codified Laws 45-9-51

Source: SDC Supp 1960, § 42.0710 (11) as enacted by SL 1961, ch 211, § 1.