Louisiana Civil Code 1963 – Contract with party in good faith
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Terms Used In Louisiana Civil Code 1963
- Contract: A legal written agreement that becomes binding when signed.
A contract made with a third person to secure the means of preventing threatened injury may not be rescinded for duress if that person is in good faith and not in collusion with the party exerting duress.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.