La. Stat. tit. 45 § 619

Current with operative changes from the 2024 Third Special Legislative Session
Section 45:619 - Binding date of purchase at judicial sale

Any purchase at judicial sale by any railway corporation approved by two-thirds of the capital stock of such purchasing company in a stockholders' meeting, duly convened and held, is valid and binding from the date of the purchase.

La. R.S. § 45:619