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2020 Louisiana Laws
Civil Code
Art. 3505.3. Effect of extension on other obligors and obligees
Universal Citation: LA Civ Code art. 3505.3 (2020)
An extension of liberative prescription is effective against only the obligor granting it but benefits all joint obligees of an indivisible obligation and all solidary obligees.
An extension of liberative prescription by a principal obligor is effective against his surety. An extension of liberative prescription by a surety is effective only if the principal obligor has also granted it.
Acts 2013, No. 88, §1.
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