{"data":{"id":"us-la/rs-38-2319.3","jurisdiction":"us-la","citation":"RS 38:2319.3","heading":"Equipment-lease-purchase contracts with nonprofit lessors authorized; term","body":"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.","path":["TITLE 38. PUBLIC CONTRACTS, WORKS AND IMPROVEMENTS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=95008","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:59:38Z","sha256":"040493863d077fb7b4641ebd7888a09e8ac248cb1aafbd087d3fcbfc18e2ff1d","source_id":"us-la","stale":false,"prev":"us-la/rs-38-2319.2","next":"us-la/rs-38-2319.4"},"notice":"GroundRules: Original legal text. Not legal advice."}