Louisiana Revised Statutes 38:2572 – Individual mineral leases unabridged
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Terms Used In Louisiana Revised Statutes 38:2572
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
The provisions of this Part shall in no wise abridge the right of any individual from whom the flowage rights, rights of way and servitudes may have been acquired by any means however to lease said lands for the production of oil, gas and other minerals and the right of such lessee or his assignee to produce or cause to be produced oil, gas or other minerals therefrom.
Added by Acts 1956, No. 9, §22.