La. Civ. Code art. 2649

Current with operative changes from the 2024 Third Special Legislative Session
Section 2649 - Assignor's knowledge of the debtor's insolvency; effects

When the assignor of a right did not warrant the solvency of the debtor but knew of his insolvency, the assignee without such knowledge may obtain rescission of the contract.

La. C.C. § 2649

Acts 1993, No. 841, §1, eff. Jan. 1, 1995.
Acts 1993, No. 841, §1, eff. 1/1/1995.