2018 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:165 - Creation of mineral royalty by co-owner of land

Universal Citation: LA Rev Stat § 31:165 (2018)

§165. Creation of mineral royalty by co-owner of land

A co-owner of land may create a mineral royalty out of his undivided interest in the land, and the prescription of nonuse commences from the date of its creation. The consent of the co-owner of the party creating the royalty right is not necessary to entitle the royalty owner to receive his proportionate part of production.

Acts 1974, No. 50, §165, eff. Jan. 1, 1975.

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