Louisiana Revised Statutes 51:39 – Additional goods not to be added during the sale
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Terms Used In Louisiana Revised Statutes 51:39
- 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.
- Continuance: Putting off of a hearing ot trial until a later time.
- Fiduciary: A trustee, executor, or administrator.
- Goods: includes goods, wares, and merchandise. See Louisiana Revised Statutes 51:31
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A. No person carrying on or conducting a fire, bankruptcy, or fiduciary sale under the license required by La. Rev. Stat. 51:33 shall, during the continuance of the sale, add any goods to the stock of goods described and inventoried in his original application, and no goods shall be sold at or during the sale, except the goods described and inventoried in such original application.
B. Each and every addition of goods to the stock of goods described and inventoried in the application, and each sale of the goods not inventoried and described in the application shall constitute a separate offense under this Part.
Acts 1986, No. 806, §1; Acts 1995, No. 669, §1.