§ 51:2255 — Unlawful practices in connection with credit transactions; exceptions

Louisiana § 51:2255

• Jurisdiction: Louisiana
• Title 51: Trade and Commerce

Text

§2255. Unlawful practices in connection with credit transactions; exceptions
A. It shall be an unlawful practice for any person, whether acting for
himself or another, in connection with any credit transaction because of race,
creed, color, religion, national origin, disability, as defined in R.S. 51:2232, or
sex:
(1) To deny credit to any person.
(2) To increase the charges or fees for or collateral required to secure
any credit extended to any person.
(3) To restrict the amount or use of credit extended or impose different
terms or conditions with respect to the credit extended to any person or any
item or service related thereto.
(4) To attempt to do any of the unlawful practices defined in this
Section.
B. The provisions of this Section shall not prohibit any party to a credit
transaction from considering the credit history of any individual applicant.
C. The provisions of this Section shall not prohibit any party to a credit
transaction from considering the application of Louisiana law on matrimonial
regimes and successions to the particular case or from taking reasonable action
thereon.

Legislative History

Acts 1988, No. 886, §1; Acts 1993, No. 820, §9.