RS 31:85

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

RS 31:85

PART 3. MODES OF EXTINCTION OF THE MINERAL ROYALTY

§85. Extinction of mineral royalties

A mineral royalty is extinguished by:

(1)prescription resulting from nonuse for ten years;

(2)confusion with the title out of which it was created;

(3)renunciation of the royalty right on the part of him to whom it is due, or the express remission of his right;

(4)expiration of the time for which the royalty right was granted or happening of the dissolving condition attached to the mineral royalty; or

(5)extinction of the right of him who established the mineral royalty, except that the extinction of a mineral servitude by inheritance or by any act of the servitude owner does not extinguish a royalty burdening the servitude unless the royalty owner is a party to the act or otherwise consents expressly and in writing to become bound by it.

Acts 1974, No. 50, §85, eff. Jan. 1, 1975.