Code · Louisiana · Title 31 — Mineral Code

RS 31:146

94 words·~1 min read·/la/title-31/31-54

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

RS 31:146

PART 8. THE LESSOR'S PRIVILEGE

§146. Lessor's privilege

The lessor of a mineral lease has, for the payment of his rent, and other obligations of the lease, a right of pledge on all equipment, machinery, and other property of the lessee on or attached to the property leased. The right also extends to property of others on or attached to the property leased by their express or implied consent in connection with or contemplation of operations on the lease or land unitized therewith.

Acts 1974, No. 50, §146, eff. Jan. 1, 1975.