State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Cc > Cc2909

Art. 2909. Inability to demand performance until expiration of term

The lender may not demand from the borrower the performance of his obligation to return an equal amount of things of the same kind and quality before expiration of the term. In the absence of a certain term or of an agreement that performance will be exigible at will, a reasonable term is implied.

Acts 2004, No. 743, §1, eff. Jan. 1, 2005.