Louisiana Revised Statutes 41:1291 – Authority to lease to or from other political subdivisions, the state, or the United States
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Terms Used In Louisiana Revised Statutes 41:1291
- 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
Any political subdivision or agency of the state of Louisiana is hereby authorized, without advertisement for bids, to lease for any legitimate purpose including, except in the parishes of Livingston, Tangipahoa, St. Helena, St. Tammany, and Washington, removal of subterranean water, or other such substances, other than for oil, gas or other mineral purposes and development, to or from any other political subdivision, the state of Louisiana or any agency thereof, or the United States of America or any agency thereof, any public lands and improvements thereon of which it has title, custody, and possession, provided that the lessor shall reserve all mineral rights to said land.
Acts 1983, No. 706, §1.