Louisiana Civil Code 2364 – Satisfaction of separate obligation with community property or former community property.
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 2364
- 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.
If community property has been used during the existence of the community property regime or former community property has been used thereafter to satisfy a separate obligation of a spouse, the other spouse is entitled to reimbursement for one-half of the amount or value that the property had at the time it was used.
Acts 1979, No. 709, §1; Acts 2009, No. 204, §1.