Louisiana Revised Statutes 13:4436.5 – Qualifications of surety presumed
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Terms Used In Louisiana Revised Statutes 13:4436.5
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
For purposes of this Chapter, the surety of a bond is deemed to be qualified to act as surety unless the judgment creditor expressly denies such qualifications in an answer and, if the surety is licensed to conduct a surety business in this state, also proves that the surety lacks the necessary qualifications.
Acts 1992, No. 1132, §5, eff. Jan. 1, 1993.