Usufruct
Article 1866

Payment imputed to interest ACTIVE

An obligor of a debt that bears interest may not, without the obligee's consent, impute a payment to principal when interest is due.

A payment made on principal and interest must be imputed first to interest.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1984, No. 331, §1, eff. Jan. 1, 1985

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Cite Article 1866

Bluebook
La. Civ. Code art. 1866 (2026).
Permalink
https://theusufruct.com/cc/1866
BibTeX
@misc{lacivcode-art-1866,
  title        = {La. Civ. Code art. 1866},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/1866},
  note         = {Snapshot 2026-05-22}
}