Usufruct
R.S. 9:3371

Validity of sale/lease-back commercial transactions ACTIVE

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.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 2001, No. 866, §1

Section navigation

Cite R.S. 9:3371

Bluebook
La. Rev. Stat. Ann. § 9:3371 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-3371
BibTeX
@misc{larevstat-9-3371,
  title        = {La. Rev. Stat. Ann. § 9:3371},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-3371},
  note         = {Snapshot 2026-05-22}
}