Louisiana Civil Code 2626 – Terms of offered sale
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Terms Used In Louisiana Civil Code 2626
- Grantor: The person who establishes a trust and places property into it.
The grantor of a right of first refusal may not sell to another person unless he has offered to sell the thing to the holder of the right on the same terms, or on those specified when the right was granted if the parties have so agreed.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.