Louisiana Statutes
§ 39:1553 — Construction
Louisiana·Title 39 Procurement and Contract
A.Supplementary general principles of law applicable. To the extent not inconsistent with the particular provisions of this Chapter, the principles of Louisiana law shall supplement its provisions.
B.Obligation of good faith. Every contract or duty within this Chapter imposes an obligation of good faith in its performance or enforcement. "Good faith" means honesty in fact in the conduct or transaction concerned and the observance of reasonable commercial standards of fair dealing.
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Related
Willows v. State, Department of Health & Hospitals
15 So. 3d 56 (Supreme Court of Louisiana, 2009)
Gray Insurance Company v. Aaron Terry
606 F. App'x 188 (Fifth Circuit, 2015)
Legislative History
Added by Acts 1979, No. 715, §1, eff. July 1, 1980; Acts 2014, No. 864, §2, eff. Jan. 1, 2015.
Nearby Sections
15
§ 39:15.1
§ 39:15.1§ 39:15.11
Legislative intent§ 39:15.12
Definitions§ 39:15.14
Purposes and powers of the commission§ 39:15.15
Staffing of the commission; reports§ 39:15.6
Repealed by Acts 2013, No. 184, §9