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Current as of January 01, 2023 | Updated by Findlaw Staff
If the lessee fails to pay royalties due or fails to inform the lessor of a reasonable cause for failure to pay in response to the required notice, the court may award as damages double the amount of royalties due, interest on that sum from the date due, and a reasonable attorney's fee regardless of the cause for the original failure to pay royalties. The court may also dissolve the lease in its discretion.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 31, § 140. Effect of nonpayment in response to notice or failure to state cause therefor - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-31-sect-140/
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