Louisiana Civil Code 1989 – Damages for delay
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Terms Used In Louisiana Civil Code 1989
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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.
Damages for delay in the performance of an obligation are owed from the time the obligor is put in default.
Other damages are owed from the time the obligor has failed to perform.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.