» What duty does the executive right holder owe me if I am a non-executive mineral interest owner?

What duty does the executive right holder owe me if I am a non-executive mineral interest owner?

Generally speaking, an executive right holder owes the non-executive right holder a duty of utmost good faith with fiduciary obligations. With some qualifications, Texas cases have generally held that the executive right holder must provide that the non-executive right holder receives those same benefits that the executive right holder receives. The executive right holder must avoid engaging in significant self-dealing. If the executive right holder breaches these duties to you, you may be entitled to damages.

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