{"data":{"id":"us-la/rs-9-3359","jurisdiction":"us-la","citation":"RS 9:3359","heading":"Renegotiations and extensions","body":"A. A renegotiation shall occur when an existing rental-purchase agreement is satisfied and replaced by a new agreement undertaken by the same lessor and consumer. A renegotiation shall be considered a new agreement requiring new disclosures. However, events such as the following shall not be treated as renegotiations:\n(1) The addition or return of property in a multiple-item agreement or the substitution of the rented property, if in either case the average payment allocable to a payment period is not changed by more than twenty-five months.\n(2) A deferral or extension of one or more periodic payments, or portions of a periodic payment.\n(3) A reduction in charges in the rental-purchase agreement.\n(4) A rental-purchase agreement involved in a court proceeding.\nB. No disclosures shall be required for any extension of a rental-purchase agreement.","path":["TITLE 9. CIVIL CODE-ANCILLARIES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=107536","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:49:45Z","sha256":"63491a90e643f7195a650878b1d8403edd7d53bbfa5950502b5ebc5d0f643be3","source_id":"us-la","stale":false,"prev":"us-la/rs-9-3358","next":"us-la/rs-9-3360"},"notice":"GroundRules: Original legal text. Not legal advice."}