Rescission shall not be effective against a party obligated to make or in fact making royalty or other payments until sixty days after that party is furnished with a certified copy of the notice of rescission.
La. R.S. 9:2991.8
Rescission; parties obligated to make payments
Known as the Sale of Mineral Rights by Mail Solicitation Act
The act spans §§ 9–9 (37 sections).
Acts 2016, No. 179, §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.