A renewable energy lease may be dissolved partially or in its entirety. A decree of partial dissolution may be made as to those portions of the land subject to a renewable energy lease on which construction of the renewable energy facility has not commenced within ten years of the effective date of the lease, or in any other fashion which may provide appropriate justice in the judgment of the court.
La. R.S. 30:1175
Dissolution may be partial or entire
Known as the Louisiana Geologic Sequestration of Carbon Dioxide Act
The act spans §§ 30–30 (55 sections).
Acts 2023, No. 455, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.