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Louisiana · Through 2025 First Extraordinary Session

RS 31:125: Amount of royalties relevant to reasonableness of lessee's expectation

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Where this section sits in the code
  1. TITLE 31. MINERAL CODE

In applying Article 124, the amount of the royalties being paid may be considered only insofar as it may show the reasonableness of the lessee's expectation in continuing production. The amount need not be a serious or adequate equivalent for continuance of the lease as compared with the amount of the bonus, rentals, or other sums paid to the lessor.

Collected 2026-09-14T04:56:14Z. Source file · JSON

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