CC 3071 - Compromise; definition

LA Civ Code 3071 (2018) (N/A)
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TITLE XVII. COMPROMISE

Art. 3071. Compromise; definition

A compromise is a contract whereby the parties, through concessions made by one or more of them, settle a dispute or an uncertainty concerning an obligation or other legal relationship.

Amended by Acts 1981, No. 782, §1, eff. July 28, 1981; Acts 2007, No. 138, §1.