Except as provided in Articles 186 and 187, the owner of a mineral right or an interest therein appraised in accordance with these articles is entitled to participate proportionally in the proceeds of the licitation, and his interest is extinguished by the sale.
R.S. 31:185 active rs title
Owner of appraised mineral right entitled to participate in proceeds of sale ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1974, No. 50, §185, eff. Jan. 1, 1975