Louisiana Revised Statutes 40:600.41 – Reinstatement of owner in possession
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Terms Used In Louisiana Revised Statutes 40:600.41
- Owner: means the holder or holders of title to a blighted housing property. See Louisiana Revised Statutes 40:600.33
- Receivership: means the judicially established framework for real property interest which is created by the court with respect to a blighted housing property pursuant to which a receiver is designated to preserve, rehabilitate, restore, and operate the blighted housing property. See Louisiana Revised Statutes 40:600.33
An owner may petition for reinstatement of the owner’s control and possession of the property at any time during the receivership term.
Acts 2006, No. 355, §1, eff. June 13, 2006.