yourstate.us
La. Rev. Stat. § 9:3371

Validity of sale/lease-back commercial transactions

Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective

Get this as JSONEmbed this
Cite this
Citation
La. Rev. Stat. § 9:3371, Validity of sale/lease-back commercial transactions, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2647201
Permanent ID
ys:prov:2647201@1
SHA-256
eb7a9745a80e9898283869a3bebb06e6331b1633fce538847cfd344a5a42d54f

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

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.