Louisiana Revised Statutes 48:921 – Lease of parish bridge prohibited
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 48:921
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
No parish shall lease the franchise of crossing or use of any bridge owned by it and crossing a navigable stream. This Section does not apply to bridges constructed or acquired pursuant to the Bridge Revenue Bond Law.