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Current as of January 01, 2023 | Updated by Findlaw Staff
If the owner of a production payment created out of a mineral lessee's interest or a royalty owner other than a mineral lessor seeks relief for the failure of a mineral lessee to make timely or proper payment of royalties or the production payment, he must give his obligor written notice of such failure as a prerequisite to a judicial demand for damages.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 31, § 212.21. Nonpayment of production payment or royalties; notice prerequisite to judicial demand - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-31-sect-212-21/
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