GroundRules
RS 38:2319.3: Equipment-lease-purchase contracts with nonprofit lessors authorized; term
Where this section sits in the code
- TITLE 38. PUBLIC CONTRACTS, WORKS AND IMPROVEMENTS
Local governmental entities may enter into equipment-lease-purchase contracts directly with nonprofit lessors, as provided in this Part, for a term not to exceed ten years or the reasonably expected economic life of the equipment, whichever is less, notwithstanding any other law to the contrary.
Collected 2026-09-14T04:59:38Z. Source file · JSON