Louisiana Revised Statutes 48:225 – Lease or acquisition of necessary buildings
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Terms Used In Louisiana Revised Statutes 48:225
- 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 department may, by lease, donation, purchase, or exchange, acquire or erect any buildings and structures that, in the opinion of the secretary, are required in conducting the business of the department.
Amended by Acts 1977, No. 291, §1.