---
urn: "urn:us-la:civcode:art:2628"
article_number: "2628"
status: active
heading: "Time limitation for option and right of first refusal"
breadcrumb: "Book III › Title VII › Chapter 14 › Section 4"
source_url: "https://legis.la.gov/legis/Law.aspx?d=109688"
acts_citations_raw: "Acts 1993, No. 841, §1, eff. Jan. 1, 1995; Acts 2003, No. 1005, §1, eff. July 2, 2003. NOTE: See Acts 2003, No. 1005, §2, relative to application. NOTE: See Acts 2004, No. 24, §§2 and 3, relative to application."
acts_citations:
  - act_year: 1993
    act_number: 841
    section: 1
    effective_date: 1995-01-01
    role: enactment
  - act_year: 2003
    act_number: 1005
    section: 1
    effective_date: 2003-07-02
    role: amendment
schema_version: "1.0.0"
---

# Art. 2628. Time limitation for option and right of first refusal

An option or a right of first refusal that concerns an immovable thing may not be granted for a term longer than ten years. If a longer time for an option or a right of first refusal has been stipulated in a contract, that time shall be reduced to ten years. Nevertheless, if the option or right of first refusal is granted in connection with a contract that gives rise to obligations of continuous or periodic performance, an option or a right of first refusal may be granted for as long a period as required for the performance of those obligations.