La. Rev. Stat. § 31:117
Granting of mineral lease by owner under conditional title
Louisiana · Louisiana Revised Statutes Title 31 — Mineral Code · Status: effective
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- Citation
- La. Rev. Stat. § 31:117, Granting of mineral lease by owner under conditional title, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2711689
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Full text
A mineral lease may be granted by the owner of an executive interest whose title is extinguished at a particular time or upon the occurrence of a certain condition, but it terminates at the specified time or on occurrence of the condition divesting the title.