{"data":{"id":"us-la/rs-37-1448.1","jurisdiction":"us-la","citation":"RS 37:1448.1","heading":"Non-compete agreements","body":"A. A non-compete agreement between a real estate broker and licensee which requires the licensee to refrain from carrying on or engaging in a business similar to that of the real estate broker or from soliciting customers of the real estate broker within a specified parish or parishes, municipality or municipalities, or parts thereof, so long as the real estate broker carries on a like business therein, for any period of time up to two years, shall be unenforceable and an absolute nullity unless the licensee shall have the right to rescind the non-compete agreement until midnight of the third business day following the execution of the non-compete agreement or the delivery of the agreement to the licensee, whichever is later. In any agreement between the broker and licensee, which includes a non-compete agreement, the non-compete agreement shall be prominently displayed in bold-faced block lettering of not less than ten-point type.\nB. Any action to enforce the provisions of this Section shall be brought in a court of competent jurisdiction in this state.\nC. The provisions of this Section shall be effective as to agreements entered into after January 1, 2006.","path":["TITLE 37. PROFESSIONS AND OCCUPATIONS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=93285","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:59:00Z","sha256":"9692cdda439f2a6e263f99c2e473fad10b7e8a3491a9edbdf3f994e544e1e113","source_id":"us-la","stale":false,"prev":"us-la/rs-37-1448","next":"us-la/rs-37-1448.2"},"notice":"GroundRules: Original legal text. Not legal advice."}