Louisiana Revised Statutes 9:3856 – Applicability
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Terms Used In Louisiana Revised Statutes 9:3856
- 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.
A. This Chapter applies to a procuration and a representative in the same manner as it applies to a mandate and a mandatary, respectively, and allows an action against a representative for violating any duty or failing to fulfill any obligation in the procuration.
B. This Chapter does not apply to a mandate to the extent that the mandate is irrevocable as provided by law.
Acts 2014, No. 356, §1.