Louisiana Civil Code 2022 – Refusal to perform
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 2022
- Contract: A legal written agreement that becomes binding when signed.
- 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.
Either party to a commutative contract may refuse to perform his obligation if the other has failed to perform or does not offer to perform his own at the same time, if the performances are due simultaneously.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.