South Dakota Obligatory Well

State:
Multi-State
Control #:
US-OG-710
Format:
Word; 
Rich Text
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Description

This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.

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FAQ

A debt collector may not contact you at inconvenient times or places, such as before 8 in the morning or after 9 at night, unless you agree to it. And collectors may not contact you at work if they;re told (orally or in writing) that you're not allowed to get calls there.

The center is a central repository for identification, registration, oversight, and collection of debts owed to any agency or department of the state or to any postsecondary technical institute supported by the state under § 13-39A-42.

Debt collectors can refuse a payment plan. They're not under any legal requirement to accept smaller payments over a period of time. Usually they're going after the full amount, because obviously, debt collectors gotta collect. But this doesn't mean they won't work with you.

Debt collectors have a certain number of years they can sue you and win to collect a debt. It's called the statute of limitations and it usually begins when you fail to make a payment on a debt. In South Dakota, the statute of limitations is six years.

The South Dakota Obligation Recovery Center (Center) began operations on July 15, 2016. How do I contact the Obligation Recovery Center? You can speak to a customer service representative by calling 1-888-980-1194 during business hours. How can I pay my debt?

If the debt collector receives your request within 30 days after you receive their written notice about the debt, they must stop trying to collect the debt until they provide written verification of the debt to you.

Debt collectors cannot harass or abuse you. They cannot swear, threaten to illegally harm you or your property, threaten you with illegal actions, or falsely threaten you with actions they do not intend to take. They also cannot make repeated calls over a short period to annoy or harass you.

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South Dakota Obligatory Well