Louisiana Statutes

§ 31:185 — Owner of appraised mineral right entitled to participate in proceeds of sale

Louisiana·Title 31 Motor Vehicles and Traffic Regulation
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.

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Related

Lacassane Co. v. Jardin Minerals Co.
847 So. 2d 704 (Louisiana Court of Appeal, 2003)
2 case citations

Legislative History

Acts 1974, No. 50, §185, eff. Jan. 1, 1975.

Nearby Sections

15
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