Louisiana Revised Statutes 30:805 – Leasing procedures
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Terms Used In Louisiana Revised Statutes 30:805
- 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
Except as otherwise specifically provided herein, applications for state geothermal leases, the inspection of the lands, the quantity of land to be obtained in a single lease, the advertisement for bids, the bidding procedures and the board’s authority to accept or reject bids all shall be governed by the provisions of La. Rev. Stat. 30:125 through La. Rev. Stat. 30:129 both inclusive.
Added by Acts 1975, No. 784, §1. Amended by Acts 1976, No. 134, §1.