2017 Louisiana Laws
Civil Code
CC 2023 - Security for performance

Universal Citation: LA Civ Code 2023 (2017)

Art. 2023. Security for performance

If the situation of a party, financial or otherwise, has become such as to clearly endanger his ability to perform an obligation, the other party may demand in writing that adequate security be given and, upon failure to give that security, that party may withhold or discontinue his own performance.

Acts 1984, No. 331, §1, eff. Jan. 1, 1985.

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