CC 2037
42 words·~1 min read·
/la/2037A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 2037
Art. 2037. Insolvency
An obligor is insolvent when the total of his liabilities exceeds the total of his fairly appraised assets.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985; Acts 2003, No. 552, §1; Acts 2004, No. 447, §1.