Louisiana Civil Code 2032 – Prescription of action
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 2032
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
Action for annulment of an absolutely null contract does not prescribe.
Action of annulment of a relatively null contract must be brought within five years from the time the ground for nullity either ceased, as in the case of incapacity or duress, or was discovered, as in the case of error or fraud.
Nullity may be raised at any time as a defense against an action on the contract, even after the action for annulment has prescribed.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.