Louisiana Revised Statutes 40:459 – Commercial activities
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Terms Used In Louisiana Revised Statutes 40:459
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
A local housing authority may not engage in and carry on commercial activities. As used in this Section, “commercial activity” or “commercial activities” shall not include the acquisition, ownership, leasing, or operation of real property used by others for commercial purposes, which shall be governed by La. Rev. Stat. 40:441.
Amended by Acts 1950, No. 401, §12; Acts 1997, No. 1188, §1.