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HomeBusiness and Professions CodeDiv. 4Pt. 1Ch. 7Art. 1§ 10503 Mineral And Oil Land

§ 10503 Mineral And Oil Land

Business and Professions Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 10503 Mineral And Oil Land

Key Takeaways

  • •This law talks about land used for digging up minerals, oil, or gas.
  • •It includes land where people plan to dig or say they will dig for these things.
  • •The land is special because it’s for mining or drilling, not for houses or farms.

Example

A company buys a big piece of empty land and says they will drill for oil there.

This land is now called 'mineral, oil or gas property' because the company plans to use it for drilling oil.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 10503 Mineral And Oil Land

Mineral, oil or gas property refers to land used for, intended to be used for, or concerning which representations are made with respect to, the mining of minerals or the extraction of oil or gas therefrom. (Added by Stats. 1943, Ch. 749.)

Last verified: January 22, 2026

Key Terms

mineral, oil or gas propertymining of mineralsextraction of oil or gas

Related Statutes

  • § 10500 Mineral And Gas Brokerage
  • § 10500.5 Mineral And Oil Broker Licensing
  • § 10501 Real Estate Violation Enforcement
  • § 10502 Mineral Broker License Exemptions
  • § 10508 Mineral Broker Licensing Requirement

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Business and Professions Code. Section 10503.
View Official Source