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Current as of January 01, 2023 | Updated by Findlaw Staff
When it is impossible for the borrower to return to the lender things of the same quantity and quality as those lent, the borrower is bound to pay the value of the things lent, taking into account the time and place they should have been returned according to the contract.
When the time and place are not fixed in the contract, the borrower owes the value of the things at the time the demand for performance is made and at the place where the loan is contracted.
Cite this article: FindLaw.com - Louisiana Civil Code Tit. XII, Art. 2911. Payment of value when restitution is impossible - last updated January 01, 2023 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-xii-art-2911/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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