Usufruct
Article 3172

Pledge of mineral payments by owner of land or holder of mineral servitude ACTIVE

By express provision in a contract establishing a pledge, the owner of land or holder of a mineral servitude may pledge bonuses, delay rentals, royalties, and shut-in payments arising from mineral leases, as well as other payments that are classified as rent under the Mineral Code. Other kinds of payments owing under a contract relating to minerals are not susceptible of pledge under this Title.

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References

None.

Cited by

None.

History

  • enactment Acts 2014, No. 281, §1, eff. Jan. 1, 2015

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Cite Article 3172

Bluebook
La. Civ. Code art. 3172 (2026).
Permalink
https://theusufruct.com/cc/3172
BibTeX
@misc{lacivcode-art-3172,
  title        = {La. Civ. Code art. 3172},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/3172},
  note         = {Snapshot 2026-05-22}
}