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2014 Louisiana Laws
Civil Code
CC 1806 - Insolvency of a solidary obligor
LA Civ Code 1806 What's This?
Art. 1806. Insolvency of a solidary obligor
A loss arising from the insolvency of a solidary obligor must be borne by the other solidary obligors in proportion to their portion.
Any obligor in whose favor solidarity has been renounced must nevertheless contribute to make up for the loss.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.
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