Usufruct
R.S. 38:1591

Certificates as negotiable paper ACTIVE

Drainage certificates issued hereunder shall be deemed to possess all the legal requisites of negotiable paper, shall not be invalid for any irregularity or defect in the proceedings for their issuance, sale, or delivery, and shall be incontestable in the hands of bona fide purchasers or holders for value thereof.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1983, No. 708, §1

Section navigation

Cite R.S. 38:1591

Bluebook
La. Rev. Stat. Ann. § 38:1591 (2026).
Permalink
https://theusufruct.com/rs/title-38/section-1591
BibTeX
@misc{larevstat-38-1591,
  title        = {La. Rev. Stat. Ann. § 38:1591},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-38/section-1591},
  note         = {Snapshot 2026-05-22}
}