{"data":{"id":"us-wv/w.-va.-code-37b-2-3","jurisdiction":"us-wv","citation":"W. Va. Code § 37B-2-3","heading":"Definitions.","body":"Terms used in this article shall have the meanings as provided in §36-8-1 et seq. and §37B-1-1 et seq. of this code. In addition, as used in this article:\n“Reserved interests” means all amounts payable for the use, development, extraction, production or sale of minerals due for an unknown or unlocatable interest owner. The term includes amounts payable:\n(i) For the acquisition and retention of a mineral lease, including bonuses, royalties, compensatory royalties, shut-in royalties, minimum royalties and delay rentals;\n(ii) For the extraction, production or sale of minerals, including net revenue interests, royalties, overriding royalties, extraction payments and production payments; and\n(iii) Under an agreement or option, including a joint operating agreement, unit agreement, pooling agreement and farm-out agreement.","path":["CHAPTER 37B. MINERAL DEVELOPMENT.","ARTICLE 2. UNKNOWN AND UNLOCATABLE INTEREST OWNERS ACT."],"source_url":"https://code.wvlegislature.gov/37B-2-3/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:29:12Z","sha256":"a948b1b1ba91715c61830e5e8eab7061893d3b98b1a0cea288c0621df03d117c","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-37b-2-2","next":"us-wv/w.-va.-code-37b-2-4"},"notice":"GroundRules: Original legal text. Not legal advice."}