Louisiana Revised Statutes 48:227 – Lands beneath elevated expressways; lease of
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Terms Used In Louisiana Revised Statutes 48:227
- 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 of Transportation and Development is hereby authorized to lease after public bid for commercial and other purposes not repugnant to the state, lands beneath elevated expressways owned and maintained by the department.
Added by Acts 1970, No. 432, §1. Amended by Acts 1977, No. 291, §1.