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Current as of January 01, 2023 | Updated by Findlaw Staff
Legal suretyship may be given only by a person authorized to conduct a surety business in Louisiana or by a natural person domiciled in this state who owns property in this state that is subject to seizure and is of sufficient value to satisfy the obligation of the surety.
The qualification of a natural person to act as legal surety must be evidenced by his affidavit and the affidavit of the principal obligor.
A legal surety may not raise his lack of qualification as a defense to an action on his contract.
Cite this article: FindLaw.com - Louisiana Civil Code Tit. XVI, Art. 3065. Qualifications of legal surety; evidenced by affidavit; lack thereof not a defense - last updated January 01, 2023 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-xvi-art-3065/
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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