R.S. 3:3615

Exceptions ACTIVE

The provisions of this Part shall not apply to foreign business entities that might otherwise qualify as a foreign adversary owning agricultural lands under the following circumstances:

(1) If the right is guaranteed by a treaty or if the person's country of origin affords certain real estate rights to United States citizens.

(2) If a title to agricultural land is held as a security to indebtedness or real estate acquired upon collection of a debt.

(3) If such foreign business entity is a religious, educational, charitable, or scientific corporation.

(4) If inherited land, or land received by such foreign business entity as payment for a debt, is sold or transferred within five years.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 2024, No. 420, §1

Section navigation

Cite R.S. 3:3615

Bluebook
La. Rev. Stat. Ann. § 3:3615 (2026).
Permalink
https://theusufruct.com/rs/title-3/section-3615
BibTeX
@misc{larevstat-3-3615,
  title        = {La. Rev. Stat. Ann. § 3:3615},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-3/section-3615},
  note         = {Snapshot 2026-05-22}
}