Louisiana Statutes
§ 31:171 — Right of co-owner of mineral lease to create dependent rights
Louisiana·Title 31 Motor Vehicles and Traffic Regulation
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.
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Related
Hoover Tree Farm, L.L.C. v. Goodrich Petroleum Co.
63 So. 3d 159 (Louisiana Court of Appeal, 2011)
Legislative History
Acts 1974, No. 50, §171, eff. Jan. 1, 1975.