La. Stat. tit. 31 § 204

Current with operative changes from the 2024 Third Special Legislative Session

Section 31:204 - Security interest in minerals and proceeds thereof

The Uniform Commercial Code - Secured Transactions governs the manner of creation of security interests in minerals produced and the proceeds from their sale or other disposition, as well as the rights of the holders of these security interests against obligors and third persons.

La. R.S. § 31:204

Acts 1974, No. 50, §204, eff. Jan. 1, 1975; Acts 1989, No. 137, §10, eff. Sept. 1, 1989; Acts 2023, No. 88, §1.

Amended by Acts 2023, No. 88,s. 1, eff. 8/1/2023.

Acts 1974, No. 50, §204, eff. 1/1/1975; Acts 1989, No. 137, §10, eff. 9/1/1989.

SEE ACTS 1989, NO. 137, §§20 AND 21.