Granting of mineral lease by owner under conditional title

La. Rev. Stat. § 31:117, under Mineral Code.

La. Rev. Stat. § 31:117

§117. Granting of mineral lease by owner under conditional title A mineral lease may be granted by the owner of an executive interest whose title is extinguished at a particular time or upon the occurrence of a certain condition, but it terminates at the specified time or on occurrence of the condition divesting the title. Acts 1974, No. 50, §117, eff. Jan. 1, 1975.