Louisiana Civil Code 1815 – Divisible and indivisible obligation
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Terms Used In Louisiana Civil Code 1815
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
An obligation is divisible when the object of the performance is susceptible of division.
An obligation is indivisible when the object of the performance, because of its nature or because of the intent of the parties, is not susceptible of division.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.