Usufruct
R.S. 31:109

Obligation of owner of executive interest ACTIVE

The owner of an executive interest is not obligated to grant a mineral lease, but in doing so, he must act in good faith and in the same manner as a reasonably prudent landowner or mineral servitude owner whose interest is not burdened by a nonexecutive interest.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1974, No. 50, §109, eff. Jan. 1, 1975

Section navigation

Cite R.S. 31:109

Bluebook
La. Rev. Stat. Ann. § 31:109 (2026).
Permalink
https://theusufruct.com/rs/title-31/section-109
BibTeX
@misc{larevstat-31-109,
  title        = {La. Rev. Stat. Ann. § 31:109},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-31/section-109},
  note         = {Snapshot 2026-05-22}
}