Louisiana Civil Code 3031 – Contracts made after termination of the mandate or the mandatary’s authority
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Terms Used In Louisiana Civil Code 3031
- Contract: A legal written agreement that becomes binding when signed.
If the mandatary does not know that the mandate or his authority has terminated and enters into a contract with a third person who is in good faith, the contract is enforceable.
Acts 1997, No. 261, §1, eff. Jan. 1, 1998.