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Code · Louisiana · Title 31 — Mineral Code

RS 31:126

57 words·~1 min read·/la/title-31/31-31

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RS 31:126
PART 5. TRANSACTIONS INVOLVING THE LESSEE'S INTEREST
§126. Interests created out of lessee's interest dependent thereon and not prescriptible
An interest created out of the mineral lessee's interest is dependent on the continued existence of the lease and is not subject to the prescription of nonuse.
Acts 1974, No. 50, §126, eff. Jan. 1, 1975.
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