La. Civ. Code art. 2480

Current with operative changes from the 2024 Third Special Legislative Session
Section 2480 - Retention of possession by seller, presumption of simulation

When the thing sold remains in the corporeal possession of the seller the sale is presumed to be a simulation, and, where the interest of heirs and creditors of the seller is concerned, the parties must show that their contract is not a simulation.

La. C.C. § 2480

Acts 1993, No. 841, §1, eff. Jan. 1, 1995.
Acts 1993, No. 841, §1, eff. 1/1/1995.