{
  "urn": "urn:us-la:civcode:art:3042",
  "article_number": "3042",
  "heading": "Commercial suretyship",
  "text": "A commercial suretyship is one in which:\n\n(1) The surety is engaged in a surety business;\n\n(2) The principal obligor or the surety is a business corporation, partnership, or other business entity;\n\n(3) The principal obligation arises out of a commercial transaction of the principal obligor; or\n\n(4) The suretyship arises out of a commercial transaction of the surety.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "book",
      "number": "III",
      "name": "Of the Different Modes of Acquiring the Ownership of Things"
    },
    {
      "level": "title",
      "number": "XVI",
      "name": "Suretyship"
    },
    {
      "level": "chapter",
      "number": "2",
      "name": "Kinds of Suretyship"
    }
  ],
  "breadcrumb": "Book III › Title XVI › Chapter 2",
  "acts_citations": [
    {
      "act_year": 1987,
      "act_number": 409,
      "section": 1,
      "effective_date": "1988-01-01",
      "effective_date_raw": "Jan. 1, 1988",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1987, No. 409, §1, eff. Jan. 1, 1988.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=110084",
  "website_law_id": 110084,
  "scrape_timestamp": "2026-05-20T14:16:09Z",
  "source_html_hash": "sha256:43646672255e1a44a8ba926c8585b93c9c87f7dc924586d8e4de777a61a079d6",
  "schema_version": "1.0.0"
}