2018 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:126 - TRANSACTIONS INVOLVING THE LESSEE'S INTEREST

Universal Citation: LA Rev Stat § 31:126 (2018)

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.

Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.