La. Stat. tit. 13 § 4362

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 13:4362 - Return of deposit if no loss, or of portion if loss does not exceed deposit

After the second sale has been completed and the entire sale price has been paid, if no loss has resulted because of the resale, the deposit shall be returned to the first purchaser. If a loss has resulted and a portion of the deposit remains after payment of the loss, that portion shall be returned to the first purchaser.

La. R.S. § 13:4362

Added by Acts 1960, No. 32, §6, eff. Jan. 1, 1961.
Added by Acts 1960, No. 32, §6, eff. 1/1/1961.