Louisiana Statutes
§ 13:4362 — Return of deposit if no loss, or of portion if loss does not exceed deposit
Louisiana·Title 13 Courts and Judicial Procedure
After the second sale has been completed and the entire sale price has been paid, if no loss has resulted because of the resale, the deposit shall be returned to the first purchaser. If a loss has resulted and a portion of the deposit remains after payment of the loss, that portion shall be returned to the first purchaser.
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Louisiana § 13:4362 (Return of deposit if no loss, or of portion if loss does not exceed deposit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Acts 1960, No. 32, §6, eff. Jan. 1, 1961.