Usufruct
R.S. 47:157

Basis for depreciation ACTIVE

The basis upon which exhaustion, wear and tear, and obsolescence are to be allowed in respect of any property shall be the adjusted basis provided in R.S. 47:139 for the purpose of determining the gain upon the sale or other disposition of such property.

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No legislative history recorded.

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Cite R.S. 47:157

Bluebook
La. Rev. Stat. Ann. § 47:157 (2026).
Permalink
https://theusufruct.com/rs/title-47/section-157
BibTeX
@misc{larevstat-47-157,
  title        = {La. Rev. Stat. Ann. § 47:157},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-47/section-157},
  note         = {Snapshot 2026-05-22}
}