Severance of wind energy rights limited
(1) A wind energy right in the wind resource located on and flowing over the real property, including without limitation a royalty, if applicable, associated with the production of wind energy may not be severed from the real property even though a wind easement may be created pursuant to this part.
(2) Nothing in this section may be construed to prohibit or limit the right of a seller of the real property to retain any payments associated with an existing wind option agreement or wind energy agreement.
| EnactedEn. SectionSec. 4, ChapterCh. 249, Laws ofL. 2011 (HB 295 - Cook, Rob (R) HD 27) |