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2025 Louisiana Laws
Civil Code
Art. 520. Transfer of ownership by merchant
Universal Citation:
LA Civ Code Art. 520 (2025)
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Art. 520. Transfer of ownership by merchant
Except as otherwise provided by legislation, a transferee in good faith and for fair value acquires ownership of a corporeal movable from a transferor who is not the owner only if the transferor has possession of the thing with consent of the owner, is a merchant customarily selling similar things, and transfers the thing in the regular course of the transferor's business.
Acts 2023, No. 401, §1.
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