Louisiana Civil Code 2369.6 – Alienation, encumbrance, or lease of movable assets of former community enterprise
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Terms Used In Louisiana Civil Code 2369.6
- 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
The spouse who is the sole manager of a former community enterprise may alienate, encumber, or lease its movables in the regular course of business.
Acts 1995, No. 433, §1.