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Louisiana Revised Statutes Tit. 27, § 423. Termination of lease of truck stop; effect on operation of devices

Current as of January 01, 2023 | Updated by FindLaw Staff

A. If the lease of a truck stop facility, which is a licensed establishment for the operation of video draw poker devices, expires or is terminated without legal cause by the lessor, then, in either event, neither the lessor nor a new lessee shall have the right to apply for a video draw poker device license at the same truck stop location for a period of six years from the date of expiration or termination of the lease.

B. The former lessee or licensee shall have any of the following rights:

(1) To continue operations at the licensed facility by agreement with the lessor or the new lessee.

(2) To transfer the existing license to any other new or existing truck stop facility which meets all of the qualifying requirements contained in this Chapter, except:

(a) That such former lessee or licensee shall not be required to wait before making application and commencing video draw poker operation at a new or existing facility.

(b) That such former lessee or licensee shall be required to perform at the new facility any existing sublease or other contracts with licensed device owners or operators in effect at the time of expiration or termination of the lease.

C. Nothing herein shall affect or apply to any truck stop facility in which the lessor is the holder of the license for the operation of video draw poker devices.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 27, § 423. Termination of lease of truck stop; effect on operation of devices - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-27-sect-423/

Read this complete Louisiana Revised Statutes Tit. 27, § 423. Termination of lease of truck stop; effect on operation of devices on Westlaw. Westlaw subscription required.

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