RS 31:170: Right of co-owner of mineral servitude to create mineral royalties
Where this section sits in the code
- TITLE 31. MINERAL CODE
- SUBPART B. CREATION OF DEPENDENT MINERAL RIGHTS BY CO-OWNERS OF MINERAL RIGHTS
A co-owner of a mineral servitude may create a mineral royalty out of his undivided interest in the servitude and prescription of nonuse commences from the date of its creation. The consent of the co-owner of the party creating the royalty is not necessary to entitle the royalty owner to receive his proportionate part of production.
Collected 2026-09-14T04:56:15Z. Source file · JSON