Louisiana Service Agreement PDF
Louisiana at a glance: Conventional Obligations: Civil Code rules apply · Legal Interest Cap: Subject to annual state caps (La. R.S. 9:3500) · Governing Law: Louisiana Civil Code conventional obligations
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Service Agreements in Louisiana
Louisiana service agreements are governed by the Louisiana Civil Code conventional obligations articles (La. Civ. Code Art. 1906, et seq.).
Late interest fees (called legal interest) are subject to judicial caps under La. R.S. 9:3500.
Louisiana Service Agreement — Quick Reference
| Requirement | Louisiana Rule |
|---|---|
| Conventional Obligations | Civil Code rules apply |
| Legal Interest Cap | Subject to annual state caps (La. R.S. 9:3500) |
| Governing Law | Louisiana Civil Code conventional obligations |
Louisiana Legal Requirements
- Interest rate agreements must be in writing to exceed the statutory legal rate.
Louisiana Governing Laws
Read the full text of these laws at Cornell Law School's Louisiana legal resources or your state legislature's official website.