2015 Louisiana Laws
Revised Statutes
TITLE 51 - Trade and Commerce
RS 51:2255 - Unlawful practices in connection with credit transactions; exceptions

LA Rev Stat § 51:2255 (2015) What's This?

§2255. Unlawful practices in connection with credit transactions; exceptions

A. It shall be an unlawful practice for any person, whether acting for himself or another, in connection with any credit transaction because of race, creed, color, religion, national origin, disability, as defined in R.S. 51:2232(11), or sex:

(1) To deny credit to any person.

(2) To increase the charges or fees for or collateral required to secure any credit extended to any person.

(3) To restrict the amount or use of credit extended or impose different terms or conditions with respect to the credit extended to any person or any item or service related thereto.

(4) To attempt to do any of the unlawful practices defined in this Section.

B. The provisions of this Section shall not prohibit any party to a credit transaction from considering the credit history of any individual applicant.

C. The provisions of this Section shall not prohibit any party to a credit transaction from considering the application of Louisiana law on matrimonial regimes and successions to the particular case or from taking reasonable action thereon.

Acts 1988, No. 886, §1; Acts 1993, No. 820, §9.

Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.