CC 2467 - Transfer of risk - Louisiana Statutes

CHAPTER 6. AT WHOSE RISK THE THING IS, AFTER

THE SALE IS COMPLETED

Art. 2467. Transfer of risk

The risk of loss of the thing sold owing to a fortuitous event is transferred from the seller to the buyer at the time of delivery.

That risk is so transferred even when the seller has delivered a nonconforming thing, unless the buyer acts in the manner required to dissolve the contract.

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