§ 31:206 — Obligation of owner of expired mineral right to furnish recordable act evidencing

Louisiana § 31:206

• Jurisdiction: Louisiana
• Title 31: Motor Vehicles and Traffic Regulation

Text

§206. Obligation of owner of expired mineral right to furnish recordable act evidencing
extinction or expiration of right; mineral lease
A. Except as provided in Paragraph B of this Article, when a mineral right is
extinguished by the accrual of prescription of nonuse, expiration of its term, or otherwise,
the former owner shall, within thirty days after written demand by the person in whose favor
the right has been extinguished or terminated, furnish the person with a recordable act
evidencing the extinction or expiration of the right.
B. When a mineral lease is extinguished prior to the expiration of its primary term,
the former lessee shall, within ninety days after the extinguishment, record an act evidencing
the extinction or expiration of the lease in the official records of all parishes wherein the
lease is recorded.

Legislative History

Acts 1974, No. 50, §1, eff. Jan. 1, 1975. Amended by Acts 1981, No. 612, §1; Acts 1982, No. 358, §1, eff. July 18, 1982; Acts 2023, No. 88, §1.