There is a newer version
of
this Article
2019 Louisiana Laws
Civil Code
Art. 3049. Surety's right of reimbursement for payment of obligation
Universal Citation: LA Civ Code art. 3049 (2019)
A surety who pays the creditor is entitled to reimbursement from the principal obligor. He may not recover reimbursement until the principal obligation is due and exigible.
A surety for multiple solidary obligors may recover from any of them reimbursement of the whole amount he has paid the creditor.
Acts 1987, No. 409, §1, eff. Jan. 1, 1988.
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.
