Louisiana Civil Code 2009 – Obligee not bound to prove damage
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Terms Used In Louisiana Civil Code 2009
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
An obligee who avails himself of a stipulated damages clause need not prove the actual damage caused by the obligor’s nonperformance, defective performance, or delay in performance.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.