There is a newer version of the Louisiana Laws
2016 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:126 - TRANSACTIONS INVOLVING THE LESSEE'S INTEREST
LA Rev Stat § 31:126 (2016) What's This?
PART 5. TRANSACTIONS INVOLVING THE LESSEE'S INTEREST
§126. Interests created out of lessee's interest dependent thereon and not prescriptible
An interest created out of the mineral lessee's interest is dependent on the continued existence of the lease and is not subject to the prescription of nonuse.
Acts 1974, No. 50, §126, eff. Jan. 1, 1975.
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