Louisiana Statutes
§ 38:2319.1
Louisiana § 38:2319.1
JurisdictionLouisiana
Title 38Public Contracts, Works and Improvements
This text of Louisiana § 38:2319.1 is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 38:2319.1 (2026).
Text
§2319.1. Legislative findings and intent
The intent of the legislature in enacting this Part is to provide a cost effective means of acquiring essential equipment for the operation of local governmental entities. Commercial leases or renting agreements as well as lump sum purchases of equipment have created a burden on the finances of the various local governmental entities in the state, and it has been determined that, pursuant to this Part, essential equipment may be obtained using an equipment-lease-purchase contract in conjunction with tax-exempt financing and earnings on investments by nonprofit lessors resulting in lower net equipment costs to local government.
Acts 1985, No. 758, §1, eff. July 17, 1985.
{{NOTE: SEE ACTS 1985, NO. 758, §§5 AND 6.}}
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
12
§ 38:2319
§ 38:2319§ 38:2319.1
§ 38:2319.1§ 38:2319.10
§ 38:2319.10§ 38:2319.2
§ 38:2319.2§ 38:2319.21
§ 38:2319.21§ 38:2319.3
§ 38:2319.3§ 38:2319.4
§ 38:2319.4§ 38:2319.5
§ 38:2319.5§ 38:2319.6
§ 38:2319.6§ 38:2319.7
§ 38:2319.7§ 38:2319.8
§ 38:2319.8§ 38:2319.9
§ 38:2319.9Cite This Page — Counsel Stack
Bluebook (online)
Louisiana § 38:2319.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/38%3A2319.1.