DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
113383P.pdf 07/25/2012 Larry Nixon v. AgriBank, FCB
U.S. Court of Appeals Case No: 11-3383
U.S. District Court for the Eastern District of Arkansas - Little Rock
[PUBLISHED] [Melloy, Author, with Murphy and Gruender, Circuit Judges]
Oil and Gas law -Federal Farm Credit Act. Action to quiet title to oil and
gas rights that AgriBank holds in Nixon's land was properly dismissed,
as the regulation promulgated by the Farm Credit Administration
specifically approved the sort of retention of mineral rights held by
AgriBank. The date the land Bank acquired the mineral rights was not
relevant, as the text of the regulation was broad enough to exempt the
Act's limitation.