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La. Rev. Stat. § 9:3372

Sale/lease-back defined

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

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La. Rev. Stat. § 9:3372, Sale/lease-back defined, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2647202
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As used in this Chapter, a sale/lease-back is a commercial transaction consisting of a contemporaneous sale of property to a person who contemporaneously leases the property back to the vendor, with the original vendor-lessee retaining physical possession of the property at all times pertinent to the transaction.