Louisiana § 31:187 Mineral right created by party acquiring land not affected by sale

Louisiana Statutes

§ 31:187 — Mineral right created by party acquiring land not affected by sale

Louisiana § 31:187

Title 31Motor Vehicles and Traffic Regulation

This text of Louisiana § 31:187 (Mineral right created by party acquiring land not affected by sale) 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. § 31:187 (2026).

Text

If the whole of the land is adjudicated to the party who created a mineral right or to his successor, the right is not extinguished or otherwise affected and the mineral right owner has no interest in the proceeds of the sale. In such cases, the party to whom the land is adjudicated is entitled to a credit on the total purchase price equal to the proportionate value of the mineral right or interest therein.

Free access — add to your briefcase to read the full text and ask questions with AI

If the whole of the land is adjudicated to the party who created a mineral right or to his successor, the right is not extinguished or otherwise affected and the mineral right owner has no interest in the proceeds of the sale. In such cases, the party to whom the land is adjudicated is entitled to a credit on the total purchase price equal to the proportionate value of the mineral right or interest therein.