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Current as of January 01, 2023 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 31, § 171. Right of co-owner of mineral lease to create dependent rights - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-31-sect-171/
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