§ 10:4-501 Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
§ 10:4-502 Presentment of “on arrival” drafts
§ 10:4-503 Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need
§ 10:4-504 Privilege of presenting bank to deal with goods; security interest for expenses

Terms Used In Louisiana Revised Statutes > Title 10 > Chapter 4 > Part 5 - Collection of Documentary Drafts

  • Acquittal:
    1. Judgement that a criminal defendant has not been proved guilty beyond a reasonable doubt.
    2. A verdict of "not guilty."
     
  • Arrest: Taking physical custody of a person by lawful authority.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
  • Draft: means a draft as defined in La. See Louisiana Revised Statutes 10:4-104
  • Drawee: means a person ordered in a draft to make payment. See Louisiana Revised Statutes 10:4-104
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Service of process: The service of writs or summonses to the appropriate party.