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Louisiana · Through 2025 First Extraordinary Session

RS 31:187: Mineral right created by party acquiring land not affected by sale

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

If the whole of the land is adjudicated to the party who created a mineral right or to his successor, the right is not extinguished or otherwise affected and the mineral right owner has no interest in the proceeds of the sale. In such cases, the party to whom the land is adjudicated is entitled to a credit on the total purchase price equal to the proportionate value of the mineral right or interest therein.

Collected 2026-09-14T04:56:16Z. Source file · JSON

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