United States — Louisiana Statutes

RS 10:1-307

Citation

Citation unavailable

Stored provisions

1 provision

Certain third-party documents in proper form count as prima facie evidence of their own authenticity and of the facts stated by the third party.

• Document authenticity
• Third-party documents

RS 10:1-308

Citation

Citation unavailable

Stored provisions

1 provision

A party can reserve rights while performing or accepting performance, and that reservation prevents prejudice to the reserved rights.

• Reservation of rights

RS 10:1-309

Citation

Citation unavailable

Stored provisions

1 provision

A party may accelerate payment or performance, or require extra collateral, only if it honestly believes payment or performance is impaired.

• Collateral
• Good faith
• Payment acceleration

RS 10:1-310

Citation

Citation unavailable

Stored provisions

1 provision

A creditor may, by agreement, subordinate its right to performance of an obligation.

RS 10:12-101

Citation

Citation unavailable

Stored provisions

1 provision

This chapter may be cited as Uniform Commercial Code—Controllable Electronic Records.

• Electronic records
• Uniform commercial code

RS 10:12-102

Citation

Citation unavailable

Stored provisions

1 provision

This section defines key terms used in Chapter 12, including controllable electronic record, qualifying purchaser, transferable record, and value.

• Definitions
• Electronic records
• Secured transactions

RS 10:12-103

Citation

Citation unavailable

Stored provisions

1 provision

If this Chapter conflicts with Chapter 9, Chapter 9 controls. Transactions under this Chapter are also subject to applicable consumer laws and other laws governing loans or credit terms.

• Consumer transactions
• Loans
• Rates and charges

RS 10:12-104

Citation

Citation unavailable

Stored provisions

1 provision

This section says how rights in controllable accounts, controllable payment intangibles, and controllable electronic records are obtained and protected.

• Controllable account
• Controllable electronic record
• Controllable payment intangible

RS 10:12-105

Citation

Citation unavailable

Stored provisions

1 provision

This section defines when a person has control of a controllable electronic record.

• Control
• Electronic records
• Transfer

RS 10:12-106

Citation

Citation unavailable

Stored provisions

1 provision

An account debtor may pay the current controller of a controllable account, and in some cases a former controller, but must follow a valid notification process and may have to ask for proof of transfer.

• Debt discharge
• Electronic records
• Payment obligations

RS 10:12-107

Citation

Citation unavailable

Stored provisions

1 provision

This section says which law governs a controllable electronic record, and how to determine the record’s jurisdiction.

• Controllable electronic records
• Governing law

RS 10:13-101

Citation

Citation unavailable

Stored provisions

1 provision

This section says the chapter may be cited by the title "Transitional Provisions for Uniform Commercial Code Amendments."

• Transitional provisions
• Uniform commercial code amendments

RS 10:13-102

Citation

Citation unavailable

Stored provisions

1 provision

This section defines terms used in Chapter 13 and points some terms to definitions in other chapters.

• Commercial law
• Secured transactions

RS 10:13-201

Citation

Citation unavailable

Stored provisions

1 provision

Transactions entered into before August 1, 2024 stay valid, unless Part 3 of this Chapter says otherwise.

• Continuity of rights and duties
• Transactions

RS 10:13-301

Citation

Citation unavailable

Stored provisions

1 provision

This section says the amended chapters still apply to certain pre-August 1, 2024 transactions and property interests, with stated exceptions.

• Property interests
• Secured transactions

RS 10:13-302

Citation

Citation unavailable

Stored provisions

1 provision

This section tells when a security interest perfected before August 1, 2024 keeps its perfected or enforceable status after that date.

• Enforceability
• Perfection
• Security interests

RS 10:13-303

Citation

Citation unavailable

Stored provisions

1 provision

An unperfected security interest that was enforceable before August 1, 2024 can stay enforceable through the adjustment date, and it may become perfected based on the timing of the perfection requirements.

• Effective date timing
• Enforceability
• Perfection of security interests

RS 10:13-304

Citation

Citation unavailable

Stored provisions

1 provision

This section says certain actions taken before August 1, 2024 can still count for perfection or enforceability on that date, and some attached security interests become unperfected on the adjustment date unless perfected before then.

• Enforceability
• Financing statements
• Perfection
• Security interests

RS 10:13-305

Citation

Citation unavailable

Stored provisions

1 provision

This section says the Act controls priority disputes over collateral, but earlier-established priorities remain governed by prior Chapter 9 rules, and some prior Chapter 12 priorities stop applying on the adjustment date if the amended rules change them.

• Collateral priority

RS 10:13-306

Citation

Citation unavailable

Stored provisions

1 provision

This section says how priority is decided for conflicting claims to Chapter 12 property when the Chapter 9 priority rules do not apply.

• Claim priority
• Conflicting claims
• Priority rules