La. Stat. tit. 38 § 2319.7

Current with operative changes from the 2024 Third Special Legislative Session

Section 38:2319.7 - Purchase option

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.

La. R.S. § 38:2319.7

Acts 1985, No. 758, §1, eff. July 17, 1985.

Acts 1985, No. 758, §1, eff. 7/17/1985.

SEE ACTS 1985, NO. 758, §§5 AND 6.