RS 9:4887

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RS 9:4887

§4887. Statement of privilege; form and content

A. A statement of privilege given by this Subpart must be in writing, signed by or on behalf of the creditor, and contain all of the following information:

(1)The name and address of the creditor and whether he is filing as an operator or non-operator.

(2)The amount of the obligation due as of the date of the statement.

(3)The name and address of the person owing such amount.

(4)The name of the operator of the well as shown by the records of the commissioner of conservation.

(5)A description of the operating interest over which the privilege is claimed.

B. The statement of privilege is not invalid if it fails to contain all of the information required by Subsection A of this Section, but fairly apprises the person against whom the privilege is asserted of the privilege claimed and of the operating interest, hydrocarbons, or other property upon which the privilege is claimed.

Acts 1997, No. 1040, §1.