Louisiana Revised Statutes 30:252 – Testing, repairing and correcting of measuring equipment
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Terms Used In Louisiana Revised Statutes 30:252
- 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
All equipment used for the measuring of the production from the lease of gaseous mineral hydrocarbons sold or otherwise utilized off the lease shall be tested, and repaired and corrected, if necessary, not less than one time within each 6-month period.
Acts 1958, No. 510, §2.