Code · Louisiana · Title 13 — Courts and Judicial Procedure

RS 13:4436.5

69 words·~1 min read·/la/title-13/13-1074

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RS 13:4436.5

§4436.5. Qualifications of surety presumed

For purposes of this Chapter, the surety of a bond is deemed to be qualified to act as surety unless the judgment creditor expressly denies such qualifications in an answer and, if the surety is licensed to conduct a surety business in this state, also proves that the surety lacks the necessary qualifications.

Acts 1992, No. 1132, §5, eff. Jan. 1, 1993.