Usufruct
R.S. 51:301

Redemption in money to be made on demand ACTIVE

Any person issuing checks, punchouts, tickets, tokens, or other devices, redeemable either wholly or partially in goods or merchandise at their, or any other place of business, shall, on demand of any legal holder thereof, on the next pay day of the issuer following the date of issuance, be liable for the full face value in current money of the United States.

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Cite R.S. 51:301

Bluebook
La. Rev. Stat. Ann. § 51:301 (2026).
Permalink
https://theusufruct.com/rs/title-51/section-301
BibTeX
@misc{larevstat-51-301,
  title        = {La. Rev. Stat. Ann. § 51:301},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-51/section-301},
  note         = {Snapshot 2026-05-22}
}