Louisiana Statutes
§ 31:183 — Distribution of proceeds of partition sale
Louisiana·Title 31 Motor Vehicles and Traffic Regulation
When the owner of a mineral right or interest therein is entitled to participate in the proceeds of the licitation, the court shall order that the proceeds be distributed in the proportion that the homologated value of the interest of each party who is entitled to participate in the sale bears to the total homologated value of all of the interests of all of the parties.
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Louisiana § 31:183 (Distribution of proceeds of partition sale) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Lacassane Co. v. Jardin Minerals Co.
847 So. 2d 704 (Louisiana Court of Appeal, 2003)
Legislative History
Acts 1974, No. 50, §183, eff. Jan. 1, 1975.