CC 1806 - Insolvency of a solidary obligor - Louisiana Statutes

Art. 1806. Insolvency of a solidary obligor

A loss arising from the insolvency of a solidary obligor must be borne by the other solidary obligors in proportion to their portion.

Any obligor in whose favor solidarity has been renounced must nevertheless contribute to make up for the loss.

Acts 1984, No. 331, §1, eff. Jan. 1, 1985.