Louisiana Civil Code 2054 – No provision of the parties for a particular situation
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 2054
- Contract: A legal written agreement that becomes binding when signed.
When the parties made no provision for a particular situation, it must be assumed that they intended to bind themselves not only to the express provisions of the contract, but also to whatever the law, equity, or usage regards as implied in a contract of that kind or necessary for the contract to achieve its purpose.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.