Louisiana Revised Statutes 8:504 – Payments to purchaser; change of domicile
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Terms Used In Louisiana Revised Statutes 8:504
- Contract: A legal written agreement that becomes binding when signed.
- Personal property: All property that is not real property.
If after final payment a purchaser moves his domicile to a point that makes delivery of the personal property or services impossible or impractical, the trustee shall refund to the purchaser the principal amount of money on deposit to the credit of that particular contract, less the income earned, which shall be paid to the seller.
Acts 1974, No. 417, §1; Acts 2022, No. 574, §1.