La. Rev. Stat. § 27:279
Provisional license to former holder of security interest; gaming device
Louisiana · Louisiana Revised Statutes Title 27 — Louisiana Gaming Control · Status: effective
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- Citation
- La. Rev. Stat. § 27:279, Provisional license to former holder of security interest; gaming device, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2708910
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Full text
Any holder of a security interest in a gaming device who asserts the right to ownership or possession of the encumbered property may be granted a one-time, nonrenewable, provisional contract for a maximum of ninety days, for the sole purpose of acquiring ownership or possession for resale to a licensed or approved person or casino operating contractor approved by the board or approved person, all in accordance with rule and regulation to be promulgated by the corporation. The license or contract so granted shall not authorize the holder thereof to operate the gaming device or to utilize the property in gaming activities.