Louisiana Codes > Civil Code > BOOK III > Title XVI > Chapter 3 – – the Effects of Suretyship Between the Surety and Creditor
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Other versions
| § 3045 | Liability of sureties to creditor; division and discussion abolished |
| § 3046 | Defenses available to surety |
Terms Used In Louisiana Codes > Civil Code > BOOK III > Title XVI > Chapter 3 - - the Effects of Suretyship Between the Surety and Creditor
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Venue: The geographical location in which a case is tried.