A mineral lease granted in violation of the standard of conduct required by Article 109 is not invalid for that reason, but the owner of a nonexecutive interest may recover any damages sustained by him by a personal action against the owner of the executive right. The action prescribes one year from the date on which the lease is filed for registry.
R.S. 31:110 active rs title
Lease in violation of obligation valid; right of nonexecutive to damages ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1974, No. 50, §110, eff. Jan. 1, 1975