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2018 Louisiana Laws
Revised Statutes
TITLE 51 - Trade and Commerce
RS 51:301 - Redemption in money to be made on demand
Universal Citation: LA Rev Stat § 51:301 (2018)
PART VII. TRADING CERTIFICATES, CHECKS OR TICKETS
§301. Redemption in money to be made on demand
Any person issuing checks, punchouts, tickets, tokens, or other devices, redeemable either wholly or partially in goods or merchandise at their, or any other place of business, shall, on demand of any legal holder thereof, on the next pay day of the issuer following the date of issuance, be liable for the full face value in current money of the United States.
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