2016 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:185 - Owner of appraised mineral right entitled to participate in proceeds of sale

LA Rev Stat § 31:185 (2016) What's This?

§185. Owner of appraised mineral right entitled to participate in proceeds of sale

Except as provided in Articles 186 and 187, the owner of a mineral right or an interest therein appraised in accordance with these articles is entitled to participate proportionally in the proceeds of the licitation, and his interest is extinguished by the sale.

Acts 1974, No. 50, §185, eff. Jan. 1, 1975.

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