{
  "urn": "urn:us-la:rs:9:3371",
  "title_number": "9",
  "section_number": "3371",
  "citation": "R.S. 9:3371",
  "heading": "Validity of sale/lease-back commercial transactions",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "9",
      "name": "CIVIL CODE--ANCILLARIES"
    },
    {
      "level": "code_preliminary_title",
      "number": "1",
      "name": "[BLANK]"
    },
    {
      "level": "code_book",
      "number": "III",
      "name": "OF THE DIFFERENT MODES OF ACQUIRING THE OWNERSHIP OF THINGS PRELIMINARY TITLE - GENERAL DISPOSITIONS (BLANK)"
    },
    {
      "level": "code_title",
      "number": "IX",
      "name": "OF LEASE"
    },
    {
      "level": "chapter",
      "number": "4",
      "name": "SALE/LEASE-BACK COMMERCIAL TRANSACTIONS"
    }
  ],
  "breadcrumb": "Title 9 › Code Preliminary Title › Code Book III › Code Title IX › Chapter 4",
  "acts_citations": [
    {
      "act_year": 2001,
      "act_number": 866,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 2001, No. 866, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=107542",
  "website_law_id": 107542,
  "scrape_timestamp": "2026-05-22T23:55:23Z",
  "source_html_hash": "sha256:ae27b307311786c53b61d3a22b4bcdf38a9f7f54fc8a887726bf364a6d7f40db",
  "schema_version": "1.0.0"
}