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Louisiana · Through 2025 First Extraordinary Session

RS 9:169: Election to take payment or delivery

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Where this section sits in the code
  1. TITLE 9. CIVIL CODE-ANCILLARIES

A. The administrator may decline to receive property reported under this Chapter that the administrator considers to have a value less than the expenses of notice and sale.

B. A holder, with the written consent of the administrator and upon conditions and terms prescribed by the administrator, may report and deliver property before the property is presumed abandoned. Property so delivered shall be held by the administrator and is not presumed abandoned until it otherwise would be presumed abandoned under this Chapter.

Collected 2026-09-14T04:49:14Z. Source file · JSON

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