California CodesBusiness and Professions Code - BPCDivision 4 — Real EstatePart 1 — Licensing of PersonsChapter 7 — Mineral, Oil and Gas BrokerageArticle 1 — Scope of RegulationSection 10503
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.
Notes
Defines “mineral, oil or gas property” as land used for, intended for, or represented as concerning the mining of minerals or the extraction of oil or gas. The definition covers present use, intended future use, and land promoted through representations about those extraction activities, rather than limiting the term to land where extraction is already occurring.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10503 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-7/article-1/section-10503