Usufruct
R.S. 27:281

Effect of appointment of receiver ACTIVE

Upon the appointment of a receiver and posting of bond, the authority of the debtor/contractor shall be conditioned, subject to full reinstatement by the corporation according to rules and regulations to be promulgated by the corporation. If the debtor/contractor is operating pursuant to a contract with the corporation, the receiver shall be considered to have all of the rights and obligations of the contract formerly held by the debtor/contractor.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1992, No. 384, §1, eff. June 18, 1992. Redesignated from R.S. 4:681 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996

Section navigation

Cite R.S. 27:281

Bluebook
La. Rev. Stat. Ann. § 27:281 (2026).
Permalink
https://theusufruct.com/rs/title-27/section-281
BibTeX
@misc{larevstat-27-281,
  title        = {La. Rev. Stat. Ann. § 27:281},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-27/section-281},
  note         = {Snapshot 2026-05-22}
}