How does an OK LLC buy mineral rights in TX and LA?

Ownership and Title
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I have an Oklahoma LLC. Plan to buy mineral rights in Texas and Louisiana. Do I need to have LLCs in each of those states? How to handle deed/title? Thank you, Toni

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In my opinion and experience, no. I have property in several states that are owned by my Oklahoma LLC.

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@Mararat, you may have to register your LLC in the new states as a “foreign” LLC and maintain an LLC agent in each state.

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The answer would depend upon Texas and Louisiana’s statutes. Not a bad idea to check with a licensed attorney in each of those states.

This post is not legal, tax or investment advice. Reading or responding to this post does not create an attorney/client relationship.

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Thank you, Todd. That says we need to register the LLC as a foreign entity in these states?

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I didn’t register in those that don’t have State Income taxes. Each state will have a different definition of “transacting business.”

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