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La. R.S. 31:74

Right to fix term or shorten prescriptive period; effect of stipulation for prescriptive period greater than ten years

Acts 1974, No. 50, §74, eff

Parties may either fix the term of a mineral servitude or shorten the applicable period of prescription of nonuse or both. If a period of prescription greater than ten years is stipulated, the period is reduced to ten years.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.