Louisiana Revised Statutes 31:127 – Lessee’s right to assign or sublease
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 31:127
- 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 lessee’s interest in a mineral lease may be assigned or subleased in whole or in part.
Acts 1974, No. 50, §127, eff. Jan. 1, 1975.