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Nature of mineral royalty

La. R.S. 31:80
in effect
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31:80. Nature of mineral royalty A mineral royalty is the right to participate in production of minerals from land owned by another or land subject to a mineral servitude owned by another. Unless expressly qualified by the parties, a royalty is a right to share in gross production free of mining or drilling and production costs. Acts 1974, No. 50, §80, eff. Jan. 1, 1975.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=87994Fetched: 10/20/2026

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