Louisiana Civil Code 2497 – Restitution of price and expenses in case of rescission
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Terms Used In Louisiana Civil Code 2497
- Contract: A legal written agreement that becomes binding when signed.
When the buyer has the right to recede from the contract the seller must return the price, if he has already received it, and also reimburse the buyer for the expenses of the sale.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.