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Pledge of mineral payments by owner of land or holder of mineral servitude

La. Civ. Code art. 3172
in effect
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3172. Pledge of mineral payments by owner of land or holder of mineral servitude By express provision in a contract establishing a pledge, the owner of land or holder of a mineral servitude may pledge bonuses, delay rentals, royalties, and shut-in payments arising from mineral leases, as well as other payments that are classified as rent under the Mineral Code. Other kinds of payments owing under a contract relating to minerals are not susceptible of pledge under this Title. Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=110221Fetched: 10/20/2026

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