Louisiana Statutes
§ 31:80
Louisiana·Title 31 Motor Vehicles and Traffic Regulation
§80. Nature of mineral royalty
A mineral royalty is the right to participate in production of minerals from land owned by another or land subject to a mineral servitude owned by another. Unless expressly qualified by the parties, a royalty is a right to share in gross production free of mining or drilling and production costs.
Acts 1974, No. 50, §80, eff. Jan. 1, 1975.
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Opinion Number
(Louisiana Attorney General Reports, 2010)
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