Louisiana Revised Statutes > Title 30 > Subtitle I > Chapter 1 > Part IV – Prescription of Penalties
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| § 30:51 | Prescription of penalties |
Terms Used In Louisiana Revised Statutes > Title 30 > Subtitle I > Chapter 1 > Part IV - Prescription of Penalties
- Ex officio: Literally, by virtue of one's office.
- Gas: means all natural gas, including casinghead gas, and all other hydrocarbons not defined as oil in Paragraph (7) of this Section. See Louisiana Revised Statutes 30:3
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Oil: means crude petroleum oil, and other hydrocarbons, regardless of gravity, which are produced at the well head in liquid form by ordinary production methods. See Louisiana Revised Statutes 30:3
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.