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2021 Louisiana Laws
Revised Statutes
Title 9 - Civil Code-Ancillaries
§3310.1. Constructive delivery and possession in sale/lease-back situations
Universal Citation: LA Rev Stat § 9:3310.1 (2021)
RS 3310.1 - Constructive delivery and possession in sale/lease-back situations
When equipment is sold to, and is contemporaneously leased under a true or financed lease by the vendee/lessor back to the vendor/lessee, the filing of a financing statement as provided in R.S. 9:3342(B) suffices for the transfer of ownership of the equipment as against third persons.
Acts 1989, No. 137, §4, eff. Sept. 1, 1989.
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