Usufruct
R.S. 6:1121

Definitions ACTIVE

For purposes of this Chapter, the following terms shall have the following meanings:

(1) "Credit agreement" means an agreement to lend or forbear repayment of money or goods or to otherwise extend credit, or make any other financial accommodation.

(2) "Creditor" means a financial institution or any other type of creditor that extends credit or extends a financial accommodation under a credit agreement with a debtor.

(3) "Debtor" means a person or entity that obtains credit or seeks a credit agreement with a creditor or who owes money to a creditor.

(4) "Financial institution" means a bank, savings and loan association, savings banks, or credit union authorized to transact business in this state.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1989, No. 531, §1

Section navigation

Cite R.S. 6:1121

Bluebook
La. Rev. Stat. Ann. § 6:1121 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1121
BibTeX
@misc{larevstat-6-1121,
  title        = {La. Rev. Stat. Ann. § 6:1121},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1121},
  note         = {Snapshot 2026-05-22}
}