Louisiana Revised Statutes 31:208 – Effect of good faith dispute as to extinction or expiration of right
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Terms Used In Louisiana Revised Statutes 31:208
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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 former owner of a mineral right other than a mineral lease is not liable for damages or attorney’s fees under Article 207 if there is a good faith dispute as to whether prescription has accrued, the term of the right has expired, or it has been otherwise extinguished.
Acts 1974, No. 50, §208, eff. Jan. 1, 1975.