Louisiana Statutes

§ 9:3164 — Liability of seller refusing to accept solvent indorser

Louisiana·Title 9 Civil Code-Ancillaries

The refusal by the seller to receive the indorser whom the purchaser offers, renders him responsible in damages to the latter, if it be proved that the indorser proposed is good and solvent.
Redesignated by Acts 1993, No. 841, §2, eff. Jan. 1, 1995.

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