Louisiana Revised Statutes > Title 9 > CODE TITLE IX > Chapter 4 – Sale/Lease-Back Commercial Transactions
Current as of: 2023 | Check for updates
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Other versions
§ 9:3371 | Validity of sale/lease-back commercial transactions |
§ 9:3372 | Sale/lease-back defined |
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE IX > Chapter 4 - Sale/Lease-Back Commercial Transactions
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Statute: A law passed by a legislature.