Louisiana Statutes
§ 31:122
Louisiana § 31:122
JurisdictionLouisiana
Title 31Motor Vehicles and Traffic Regulation
This text of Louisiana § 31:122 is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 31:122 (2026).
Text
§122. Lessee's obligation to act as reasonably prudent operator
A mineral lessee is not under a fiduciary obligation to his lessor, but he is bound to perform the contract in good faith and to develop and operate the property leased as a reasonably prudent operator for the mutual benefit of himself and his lessor. Parties may stipulate what shall constitute reasonably prudent conduct on the part of the lessee.
Acts 1974, No. 50, §122, eff. Jan. 1, 1975.
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Bluebook (online)
Louisiana § 31:122, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/31%3A122.