Answer


R.S. 41:1211 et seq. states the provisions for Public Lease Law. R.S. 41:1214 states the requirements and procedure for advertising. The advertisement must describe the property, terms, and so on and the bidder must provide certified funds or a cashier's check for 10% of the lease. Also see Public Lease Law FAQ located on the LLA website.
Louisiana Legislative Auditor website: 07/09/2025 06:53:26 PM