La. Stat. tit. 9 § 3371
Current with changes from the 2024 Legislative Session, Acts 3, and 6-86
Sale/lease-back commercial transactions involving immovable or movable property with a fair market value in excess of twenty-five thousand dollars and located within this state are hereby declared to be valid and enforceable. Such transaction shall produce and result in the legal consequences described in the written sale/lease-back agreement between the parties and shall not be presumed to be a simulation.
La. R.S. § 9:3371