There Is a Newer Version
of
this Statute
2021 Louisiana Laws
Revised Statutes
Title 9 - Civil Code-Ancillaries
§3371. Validity of sale/lease-back commercial transactions
Universal Citation:
LA Rev Stat § 9:3371 (2021)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
RS 3371 - Validity of sale/lease-back commercial transactions
Sale/lease-back commercial transactions involving immovable or movable property with a fair market value in excess of twenty-five thousand dollars and located within this state are hereby declared to be valid and enforceable. Such transaction shall produce and result in the legal consequences described in the written sale/lease-back agreement between the parties and shall not be presumed to be a simulation.
Acts 2001, No. 866, §1.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
