Usufruct
R.S. 6:1123

Actions not considered agreements ACTIVE

A. The following actions shall not give rise to a claim that a new credit agreement is created, unless the agreement satisfies the requirements of R.S. 6:1122:

(1) The rendering of financial or other advice by a creditor to a debtor.

(2) The consultation by a creditor with a debtor.

(3) The agreement of a creditor to take or not to take certain actions, such as entering into a new credit agreement, forbearing from exercising remedies under a prior credit agreement, or extending installments due under a prior credit agreement.

B. A credit agreement shall not be implied from the relationship, fiduciary, or otherwise, of the creditor and the debtor.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1989, No. 531, §1

Section navigation

Cite R.S. 6:1123

Bluebook
La. Rev. Stat. Ann. § 6:1123 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1123
BibTeX
@misc{larevstat-6-1123,
  title        = {La. Rev. Stat. Ann. § 6:1123},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1123},
  note         = {Snapshot 2026-05-22}
}