La. Rev. Stat. § 31:80
Nature of mineral royalty
Louisiana · Louisiana Revised Statutes Title 31 — Mineral Code · Status: effective
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- Citation
- La. Rev. Stat. § 31:80, Nature of mineral royalty, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2711652
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Full text
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.