RS 31:212.23 — United States — Louisiana law | Esheria

RS 31:212.23

If the obligor pays the amounts due plus legal interest, the owner cannot make any further claim for those payments. If payment is late but a reasonable cause is stated, damages are limited to legal interest. If no reasonable cause is stated after notice, the court may award double damages, legal interest, and a reason

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Jurisdiction
United States — Louisiana
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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damages interest payment

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Statute overview

About this statute

If the obligor pays the amounts due plus legal interest, the owner cannot make any further claim for those payments. If payment is late but a reasonable cause is stated, damages are limited to legal interest. If no reasonable cause is stated after notice, the court may award double damages, legal interest, and a reasonable attorney’s fee.

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