Louisiana Civil Code 1988 – Judgment may stand for act
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Terms Used In Louisiana Civil Code 1988
- 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.
A failure to perform an obligation to execute an instrument gives the obligee the right to a judgment that shall stand for the act.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.