Usufruct
Article 3060

Prescription of the surety's obligation, right of reimbursement, and contribution ACTIVE

Prescription of the principal obligation extinguishes the obligation of the surety. A surety's action for contribution from his co-sureties and his action for reimbursement from the principal obligor prescribe in ten years.

The interruption of prescription against a surety is effective against the principal obligor and other sureties only when such parties have mutually agreed to be bound together with the surety against whom prescription was interrupted.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1987, No. 409, §1, eff. Jan. 1, 1988

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Cite Article 3060

Bluebook
La. Civ. Code art. 3060 (2026).
Permalink
https://theusufruct.com/cc/3060
BibTeX
@misc{lacivcode-art-3060,
  title        = {La. Civ. Code art. 3060},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/3060},
  note         = {Snapshot 2026-05-22}
}