Louisiana Civil Code 2016 – Dissolution without notice to perform
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Terms Used In Louisiana Civil Code 2016
- Contract: A legal written agreement that becomes binding when signed.
When a delayed performance would no longer be of value to the obligee or when it is evident that the obligor will not perform, the obligee may regard the contract as dissolved without any notice to the obligor.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.