Louisiana Revised Statutes > Title 9 > CODE TITLE IX > Chapter 4 – Sale/Lease-Back Commercial Transactions
Current as of: 2024 | Check for updates
|
Other versions
| § 9:3371 | Validity of sale/lease-back commercial transactions |
| § 9:3372 | Sale/lease-back defined |
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE IX > Chapter 4 - Sale/Lease-Back Commercial Transactions
- Arrest: Taking physical custody of a person by lawful authority.
- Department: means the Department of Insurance. See Louisiana Revised Statutes 12:1854
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Fund: means the self-insurance fund established pursuant to this Chapter to provide property insurance for churches and nonprofit religious organizations and shall be known as the Louisiana Churches and Nonprofit Religious Organizations Self-Insured Fund. See Louisiana Revised Statutes 12:1854