La. Civ. Code art. 1952

Current with changes from the 2024 Legislative Session, Acts 3, and 6-86
Section 1952 - Rescission; liability for damages

A party who obtains rescission on grounds of his own error is liable for the loss thereby sustained by the other party unless the latter knew or should have known of the error.

The court may refuse rescission when the effective protection of the other party's interest requires that the contract be upheld. In that case, a reasonable compensation for the loss he has sustained may be granted to the party to whom rescission is refused.

La. C.C. § 1952

Acts 1984, No. 331, §1, eff. Jan. 1, 1985.
Acts 1984, No. 331, §1, eff. 1/1/1985.