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.
R.S. 31:170 active rs title
Right of co-owner of mineral servitude to create mineral royalties ACTIVE
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References
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Cited by
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History
- enactment Acts 1974, No. 50, §170, eff. Jan. 1, 1975