CC 2625 - Right of first refusal - Louisiana Statutes

SECTION 3. RIGHT OF FIRST REFUSAL

Art. 2625. Right of first refusal

A party may agree that he will not sell a certain thing without first offering it to a certain person. The right given to the latter in such a case is a right of first refusal that may be enforced by specific performance.

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