2018 Louisiana Laws
Revised Statutes
TITLE 31 - Mineral Code
RS 31:183 - Distribution of proceeds of partition sale

Universal Citation: LA Rev Stat § 31:183 (2018)

§183. Distribution of proceeds of partition sale

When the owner of a mineral right or interest therein is entitled to participate in the proceeds of the licitation, the court shall order that the proceeds be distributed in the proportion that the homologated value of the interest of each party who is entitled to participate in the sale bears to the total homologated value of all of the interests of all of the parties.

Acts 1974, No. 50, §183, eff. Jan. 1, 1975.

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