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Louisiana Civil Code Tit. XXIV, Art. 3498. Actions on negotiable and nonnegotiable instruments

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Actions on instruments, whether negotiable or not, and on promissory notes, whether negotiable or not, are subject to a liberative prescription of five years.  This prescription commences to run from the day payment is exigible.

Cite this article: FindLaw.com - Louisiana Civil Code Tit. XXIV, Art. 3498. Actions on negotiable and nonnegotiable instruments - last updated January 01, 2019 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-xxiv-art-3498/


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