2011 Louisiana Laws
Civil Code
CC 2796 — Redeemable nature of contract.


LA Civ Code 2796 What's This?

Art. 2796. Redeemable nature of contract.

Constituted annuity is essentially redeemable.

The parties may only agree that the same shall not be redeemed prior to a time which can not exceed ten years, or without having warned the creditor a time before, which they shall limit.

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