Louisiana Civil Code 1876 – Contract dissolved when performance becomes impossible
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Terms Used In Louisiana Civil Code 1876
- Contract: A legal written agreement that becomes binding when signed.
When the entire performance owed by one party has become impossible because of a fortuitous event, the contract is dissolved.
The other party may then recover any performance he has already rendered.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.