2018 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:108 - Nature of executive and nonexecutive interests

Universal Citation: LA Rev Stat § 31:108 (2018)

§108. Nature of executive and nonexecutive interests

An executive interest is a mineral right that includes an executive right. Nonexecutive interests are those that do not include the executive right, such as the mineral royalty, a landowner's interest in minerals the executive right to which has been granted to another, or a mineral servitude the executive right to which has been granted to another.

Acts 1974, No. 50, §108, eff. Jan. 1, 1975.

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