Usufruct
R.S. 31:171

Right of co-owner of mineral lease to create dependent rights ACTIVE

A co-owner of the lessee's interest in a mineral lease may create a dependent right such as an overriding royalty, production payment, net profits interest, or other non-operating interest out of his undivided interest without the consent of his co-owner. He may also transfer all or part of his undivided interest.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1974, No. 50, §171, eff. Jan. 1, 1975

Section navigation

Cite R.S. 31:171

Bluebook
La. Rev. Stat. Ann. § 31:171 (2026).
Permalink
https://theusufruct.com/rs/title-31/section-171
BibTeX
@misc{larevstat-31-171,
  title        = {La. Rev. Stat. Ann. § 31:171},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-31/section-171},
  note         = {Snapshot 2026-05-22}
}