Article 520

Transfer of ownership by merchant ACTIVE

Except as otherwise provided by legislation, a transferee in good faith and for fair value acquires ownership of a corporeal movable from a transferor who is not the owner only if the transferor has possession of the thing with consent of the owner, is a merchant customarily selling similar things, and transfers the thing in the regular course of the transferor's business.

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References

None.

Cited by

None.

History

  • enactment Acts 2023, No. 401, §1

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Cite Article 520

Bluebook
La. Civ. Code art. 520 (2026).
Permalink
https://theusufruct.com/cc/520
BibTeX
@misc{lacivcode-art-520,
  title        = {La. Civ. Code art. 520},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/520},
  note         = {Snapshot 2026-05-22}
}