La. Civ. Code art. 520

Current with changes from the 2024 Legislative Session
Section 520 - Transfer of ownership by merchant

Except as otherwise provided by legislation, a transferee in good faith and for fair value acquires ownership of a corporeal movable from a transferor who is not the owner only if the transferor has possession of the thing with consent of the owner, is a merchant customarily selling similar things, and transfers the thing in the regular course of the transferor's business.

La. C.C. § 520

Acts 2023, No. 401, §1.
Added by Acts 2023, No. 401,s. 1, eff. 8/1/2023.