La. Admin. Code tit. 13 § I-917

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-917 - Contract Can Be Transferred

A. If the property for which the limited exemption has been granted is sold the limited exemption may be transferred for the remainder of its term to the new owner, provided such transfer is approved by the local governing authority, the Board of Commerce and Industry, and the governor.

La. Admin. Code tit. 13, § I-917

Promulgated by the Department of Commerce, Office of Commerce and Industry, Finance Division, LR 11:99 (February 1985), amended LR 12:665 (October 1986), amended by the Department of Economic Development, LR 18:254 (March 1992).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:4311-4319.