There is a newer version of the Louisiana Laws
2014 Louisiana Laws
Revised Statutes
TITLE 39 - Public Finance
RS 39:1768 - Purchase option
LA Rev Stat § 39:1768 What's This?
§1768. Purchase option
All equipment lease purchase contracts shall provide that the lessee shall have the right to purchase any piece of selected equipment at the termination of payments for such piece of equipment as set forth in the lease-purchase contract for a sum not to exceed one dollar.
Acts 1985, No. 758, §2, eff. July 17, 1985.
{{NOTE: SEE ACTS 1985, NO. 758, §§3, 5 AND 6.}}
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