2006 Louisiana Laws - RS 3:4287 — Duration of contract; minimum and maximum average cash value
§4287. Duration of contract; minimum and maximum average cash value
No contract shall be written under the provisions of R.S. 3:4285 through 4288 for any period of time to exceed forty years. No contract shall be entered into with any landowner where the average cash value per acre of the lands included in the application, exclusive of timber growing thereon, if any, is in excess of eight dollars. No contract shall be entered into with any landowner with a fixed cash value of less than three dollars per acre for the land included in the contract.
Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
