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2019 Louisiana Laws
Code of Civil Procedure
Art. 4323. Minimum price; subsequent offering
Universal Citation: LA Code Civ Pro art. 4323 (2019)
The property shall not be sold if the price bid by the last and highest bidder is less than the minimum price fixed by the court. In that event, on the petition of the tutor, the court may order another offering, with the same formalities as for an original offering, at a lower minimum price.
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