Louisiana Revised Statutes 30:1167 – A renewable energy lease terminates at the expiration of the agreed term or upon the occurrence of an express resolutory condition.
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Terms Used In Louisiana Revised Statutes 30:1167
- 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
A renewable energy lease terminates at the expiration of the agreed term or upon the occurrence of an express resolutory condition.
Acts 2023, No. 455, §1, eff. June 28, 2023.