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.