Art. 3172. Pledge of mineral payments by owner of land or holder of mineral servitude
By express provision in a contract establishing a pledge, the owner of land or holder
of a mineral servitude may pledge bonuses, delay rentals, royalties, and shut-in payments
arising from mineral leases, as well as other payments that are classified as rent under the
Mineral Code. Other kinds of payments owing under a contract relating to minerals are not
susceptible of pledge under this Title.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.