Louisiana Statutes
§ 39:1768 — Purchase option
Louisiana·Title 39 Procurement and Contract
All equipment lease purchase contracts shall provide that the lessee shall have the right to purchase any piece of selected equipment at the termination of payments for such piece of equipment as set forth in the lease-purchase contract for a sum not to exceed one dollar.
{{NOTE: SEE ACTS 1985, NO. 758, §§3, 5 AND 6.}}
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Legislative History
Acts 1985, No. 758, §2, eff. July 17, 1985.
Nearby Sections
15
§ 39:17.1
Definitions§ 39:17.3
Fee§ 39:17.4
Privacy§ 39:17.5
Renewals§ 39:1705
Joint use of facilities§ 39:1709
Review of procurement requirements§ 39:171
§ 39:171