Louisiana Statutes

§ 31:83 — Creation of mineral royalty by conditional owner

Louisiana·Title 31 Motor Vehicles and Traffic Regulation
A mineral royalty may be created by one whose title terminates at a particular time or upon the occurrence of a certain condition, but it is extinguished at the specified time or on occurrence of the condition divesting the title.

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Legislative History

Acts 1974, No. 50, §83, eff. Jan. 1, 1975.

Nearby Sections

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