Louisiana Revised Statutes 30:102 – Lessees to notify lessors of the termination of mineral leases
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Terms Used In Louisiana Revised Statutes 30:102
- 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
Within ninety days after the expiration of:
(1) Production under a mineral lease previously maintained by production and
(2) all other rights to maintain that lease,
the lessee or his assigns shall notify the lessor or his representative that the lease has terminated, unless such notification is already provided in the lease.
Acts 1984, No. 559, §1.