Louisiana Revised Statutes > Title 9 > CODE TITLE XVII > Chapter 1 – Transaction or Compromise
Current as of: 2023 | Check for updates
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| § 9:3921 | Remission, transaction, compromise, or other conventional discharge of obligations |
Terms Used In Louisiana Revised Statutes > Title 9 > CODE TITLE XVII > Chapter 1 - Transaction or Compromise
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Fraud: Intentional deception resulting in injury to another.
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Professional Optometry Corporation: means a corporation organized pursuant to this Chapter for the practice of optometry as provided for by La. See Louisiana Revised Statutes 12:1110