La. Civ. Code art. 2568

Current with changes from the 2024 Legislative Session
Section 2568 - Limitation on duration

The right of redemption may not be reserved for more than ten years when the thing sold is immovable, or more than five years when the thing sold is movable. If a longer time for redemption has been stipulated in the contract that time must be reduced to either ten or five years, depending on the nature of the thing sold.

La. C.C. § 2568

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