La. Stat. tit. 31 § 212.21

Current with changes from the 2024 3rd Extraordinary Session

Section 31:212.21 - Nonpayment of production payment or royalties; notice prerequisite to judicial demand

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.

La. R.S. § 31:212.21

Added by Acts 1982, No. 249, §1; Acts 2020, No. 76, §1.

Amended by Acts 2020, No. 76,s. 1, eff. 8/1/2020.

Added by Acts 1982, No. 249, §1.