Louisiana § 39:1764 Equipment-lease-purchase contracts with nonprofit lessors authorized; term

Louisiana Statutes

§ 39:1764 — Equipment-lease-purchase contracts with nonprofit lessors authorized; term

Louisiana § 39:1764

Title 39Procurement and Contract

This text of Louisiana § 39:1764 (Equipment-lease-purchase contracts with nonprofit lessors authorized; term) 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. § 39:1764 (2026).

Text

The state through the Division of Administration may enter into equipment-lease-purchase contracts directly with nonprofit lessors, as provided in this Chapter, for a term not to exceed ten years or the reasonably expected economic life of the equipment, whichever is less, as determined by the applicable purchasing agency, notwithstanding any provisions of R.S. 9:2347(J), R.S. 39:197, R.S. 39:198, R.S. 39:1615, R.S. 39:1753 or any other law to the contrary.
{{NOTE: SEE ACTS 1985, NO. 758, §§3, 5 AND 6.}}

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The state through the Division of Administration may enter into equipment-lease-purchase contracts directly with nonprofit lessors, as provided in this Chapter, for a term not to exceed ten years or the reasonably expected economic life of the equipment, whichever is less, as determined by the applicable purchasing agency, notwithstanding any provisions of R.S. 9:2347(J), R.S. 39:197, R.S. 39:198, R.S. 39:1615, R.S. 39:1753 or any other law to the contrary.
{{NOTE: SEE ACTS 1985, NO. 758, §§3, 5 AND 6.}}