La. Civ. Code art. 1866

Current with changes from the 2024 legislative session, Chs. 3, 6-496, effective on or before 7/1/2024
Section 1866 - Payment imputed to interest

An obligor of a debt that bears interest may not, without the obligee's consent, impute a payment to principal when interest is due.

A payment made on principal and interest must be imputed first to interest.

La. C.C. § 1866

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