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Code · Louisiana · Title 31 — Mineral Code

RS 31:185

67 words·~1 min read·/la/title-31/31-100

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RS 31:185
§185. Owner of appraised mineral right entitled to participate in proceeds of sale
Except as provided in Articles 186 and 187, the owner of a mineral right or an interest therein appraised in accordance with these articles is entitled to participate proportionally in the proceeds of the licitation, and his interest is extinguished by the sale.
Acts 1974, No. 50, §185, eff. Jan. 1, 1975.
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