South Carolina Area of Mutual Interest

State:
Multi-State
Control #:
US-OG-695
Format:
Word; 
Rich Text
Instant download

Description

This form creates an Area of Mutual Interest (AMI) comprising the Contract Area. During the term of this AMI, if any Party acquires all or any interest in any Oil and Gas Leases, any mineral interest, or any farmouts or other contracts which affect lands and minerals lying within the AMI, the Acquiring Party shall promptly advise each of the other Parties of the acquisition, at which time each Offeree shall have the right to acquire its proportionate interest in the Oil and Gas Interest.


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FAQ

In SC, 17 year olds are still under the guardianship of their parents so to "officially" move out you would need their permission or failing that their indifference. They have the right to call the police and report you as a runaway and have the police pick you up and bring you back until you turn 18.

South Carolina law states that a child is a person under the age of 18. However, when used in the context of delinquency and criminal acts, ?child? refers to a person who is under 17 (under 16 for some serious crimes).

The lowest age of consent is in Nigeria (11), followed by the Philippines and Angola (12). The age of consent is 13 in three countries ? Niger, Comoros, and Burkina Faso.

Interest received from federal obligations (such as U.S. savings bonds, treasury notes and bills, etc.) is not subject to South Carolina income tax. ( Sec. 12-6-1120(1), S.C. Code ) Thus, any such interest included in federal taxable income is subtracted.

Once you sign a contract, you have an obligation to pay. Although some people think so, there is no three-day right to rescind automobile sales. No such automatic rescission rights exist.

In South Carolina, the age of consent is 16, meaning that anyone 16 or older who has sexual relations with a younger party can be charged with a felony regardless of consent.

South Carolina does not currently have Romeo and Juliet laws ? there are no close-in-age exemptions to statutory rape. Any person 16 or older who has sex with a person under 16 has committed statutory rape, even if the relationship is consensual.

Examples of a breach of contract include the following: A party communicates his or her intent to not comply with the contract. A party refuses to perform his or her obligations under the contract. A party violates a material term of the contract.

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South Carolina Area of Mutual Interest