2016 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:95 - Limited effect of acknowledgment of previously created royalty

LA Rev Stat § 31:95 (2016) What's This?

§95. Limited effect of acknowledgment of previously created royalty

When an acknowledgment is made by either the owner of a mineral servitude who takes title subsequent to the creation of a mineral royalty by the landowner or by a co-owner of a mineral servitude who acquires his interest subject to a mineral royalty, the acknowledgment is effective only as to that proportion of the royalty which the interest of the acknowledging party bears to the whole of the mineral rights from which the royalty was originally created.

Acts 1974, No. 50, §95, eff. Jan. 1, 1975.

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