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Gain Up To 6% Interest On Suspended Royalty Checks

Have you ever had your oil and gas royalties withheld in suspense due to a title issue? If so, did you know that the operator is required to pay you interest on the amount held in suspense? Interest is owed at 6%, compounded annually, for time periods prior to Nov 1, 2018. Thereafter, interest is owed at the prime interest rate reported by the Wall Street Journal. See Oklahoma Statutes Title 52 Section 570.10 for more information.

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