There is a newer version
of
this Statute
2018 Louisiana Laws
Revised Statutes
TITLE 6 - Banks and Banking
RS 6:969.23 - Collection and enforcement costs and expenses
Universal Citation: LA Rev Stat § 6:969.23 (2018)
§969.23. Collection and enforcement costs and expenses
The consumer shall be obligated and responsible to reimburse the extender of credit for its out-of-pocket collection costs and expenses incurred in collecting the consumer's obligation and in enforcing the creditor's security rights against the secured motor vehicle and any other collateral. The consumer shall be further obligated and responsible to reimburse the extender of credit for such additional collection costs and expenses as may be authorized under Chapters 3 and 9 of the Louisiana Commercial Laws, R.S. 10:3-101 et seq., and R.S. 10:9-101 et seq.
Acts 1999, No. 794, §1, eff. July 2, 1999.
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.