Code · Louisiana · Title 31 — Mineral Code

RS 31:117

66 words·~1 min read·/la/title-31/31-21

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 31:117

§117. Granting of mineral lease by owner under conditional title

A mineral lease may be granted by the owner of an executive interest whose title is extinguished at a particular time or upon the occurrence of a certain condition, but it terminates at the specified time or on occurrence of the condition divesting the title.

Acts 1974, No. 50, §117, eff. Jan. 1, 1975.