Terms Used In Louisiana Revised Statutes 56:24

  • Contract: A legal written agreement that becomes binding when signed.

The commission may contract with any private landowner for the use of his lands for a term of not less than twenty-five years for the purpose of establishing wildlife management areas, and may agree, where such use is granted without compensation or payment therefor, that the lands shall be relieved of all state, parish, and district taxes, except in cases where a tax has been contracted to be levied thereon for the retirement of a bond issue or for other outstanding debts or obligations, so long as the lands are used for the purpose stated.  Any existing agreement to the foregoing effect is validated.  

Amended by Acts 1974, No. 717, §1.