La. Civ. Code art. 2909

Current with operative changes from the 2024 Third Special Legislative Session
Section 2909 - Inability to demand performance until expiration of term

The lender may not demand from the borrower the performance of his obligation to return an equal amount of things of the same kind and quality before expiration of the term. In the absence of a certain term or of an agreement that performance will be exigible at will, a reasonable term is implied.

La. C.C. § 2909

Acts 2004, No. 743, §1, eff. Jan. 1, 2005.
Acts 2004, No. 743, §1, eff. 1/1/2005.