Louisiana 2020 Regular Session

Louisiana House Bill HB227 Latest Draft

Bill / Chaptered Version

                            ENROLLED
ACT No. 76
2020 Regular Session
HOUSE BILL NO. 227
BY REPRESENTATIVE COUSSAN
(On Recommendation of the Louisiana State Law Institute)
1	AN ACT
2 To amend and reenact R.S. 31:212.21, relative to production payments; to eliminate
3 redundant terminology; to provide relative to the nature and classification of
4 production payments; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1.  R.S. 31:212.21 is hereby amended and reenacted to read as follows: 
7 ยง212.21.  Nonpayment of production payment or royalties; notice prerequisite to
8	judicial demand 
9	If the owner of a mineral production payment created out of a mineral lessee's
10 interest or a royalty owner other than a mineral lessor seeks relief for the failure of
11 a mineral lessee to make timely or proper payment of royalties or the production
12 payment, he must give his obligor written notice of such failure as a prerequisite to
13 a judicial demand for damages.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
Page 1 of 1
CODING:  Words in struck through type are deletions from existing law; words underscored
are additions.