La. Rev. Stat. § 31:171
Right of co-owner of mineral lease to create dependent rights
Louisiana · Louisiana Revised Statutes Title 31 — Mineral Code · Status: effective
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- Citation
- La. Rev. Stat. § 31:171, Right of co-owner of mineral lease to create dependent rights, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2711747
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Full text
A co-owner of the lessee's interest in a mineral lease may create a dependent right such as an overriding royalty, production payment, net profits interest, or other non-operating interest out of his undivided interest without the consent of his co-owner. He may also transfer all or part of his undivided interest.