Louisiana Revised Statutes 30:1162 – The owner of land burdened by a renewable energy lease and the lessee of a renewable energy lease shall exercise their respective rights with reasonable regard for those of the other
Current as of: 2023 | Check for updates
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Terms Used In Louisiana Revised Statutes 30:1162
- 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
The owner of land burdened by a renewable energy lease and the lessee of a renewable energy lease shall exercise their respective rights with reasonable regard for those of the other. Subject to the laws of registry, the lessee of a renewable energy lease shall not unreasonably interfere with the rights of others lawfully exercising their rights in the land.
Acts 2023, No. 455, §1, eff. June 28, 2023.