Louisiana Statutes
§ 51:488 — Repurchase from heirs upon death of dealer
Louisiana § 51:488
JurisdictionLouisiana
Title 51Trade and Commerce
This text of Louisiana § 51:488 (Repurchase from heirs upon death of dealer) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 51:488 (2026).
Text
Upon the death of the dealer, or the majority stockholder in a corporation operating a retail dealership under a contract as provided in R.S. 51:481, the heir or heirs of the dealer or stockholder shall have one year to exercise the options provided by this Part to the dealer, upon the same terms and conditions applicable to the dealer.
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Related
International Harvester Credit Corp. v. Seale
509 So. 2d 684 (Louisiana Court of Appeal, 1987)
Legislative History
Acts 1991, No. 627, §1.
Nearby Sections
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§ 51:4
Fraud; penalty§ 51:40
False advertising; penalty§ 51:41
Violations; penalty§ 51:411
§ 51:411§ 51:412
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Definitions§ 51:421
Definitions§ 51:422
Sales at less than cost unlawful§ 51:422.1
Unfair sales of motor fuel; impairment of competition; exemptions; records to support exemptions§ 51:424
Injunctions§ 51:426
ExemptionsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 51:488, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/51%3A488.