reglab/housing_qa huggingface dataset:
LA Rev Stat § 10:1-102 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-102. Scope of Chapter

RS 1-102 - Scope of Chapter This Chapter applies to a transaction to the extent that it is governed by another Chapter of this Title. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975 ; Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-103 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-103. Construction of Uniform Commercial Code to promote its purposes and policies; applicability of supplemental principles of law

RS 1-103 - Construction of Uniform Commercial Code to promote its purposes and policies; applicability of supplemental principles of law (a) This Title shall be liberally construed and applied to promote its underlying purposes and policies, which are: (1) to simplify, clarify, and modernize the law governing commercial transactions; (2) to permit the continued expansion of commercial practices through custom, usage, and agreement of the parties; and (3) to promote uniformity of the law among the various jurisdictions. (b) Unless displaced by the particular provisions of this Title, the other laws of Louisiana supplement its provisions. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975 ; Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-104 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-104. Construction against implied repeal

RS 1-104 - Construction against implied repeal This Title being a general law intended as a unified coverage of its subject matter, no part of it shall be deemed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975; Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-105 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-105. [Reserved.]

RS 1-105 - [Reserved.]
LA Rev Stat § 10:1-106 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-106. [Reserved.]

RS 1-106 - [Reserved.]
LA Rev Stat § 10:1-107 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-107. [Reserved.]

RS 1-107 - [Reserved.]
LA Rev Stat § 10:1-108 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-108. Relation to Electronic Signatures in Global and National Commerce Act

RS 1-108 - Relation to Electronic Signatures in Global and National Commerce Act This Chapter modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Section 7001 et seq., except that nothing in this Chapter modifies, limits, or supersedes Section 7001(c) of that Act or authorizes electronic delivery of any of the notices described in Section 7003(b) of that Act. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-202 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-202. Notice; knowledge

RS 1-202 - Notice; knowledge (a) Subject to Subsection (f), a person has "notice" of a fact if the person: (1) has actual knowledge of it; (2) has received a notice or notification of it; or (3) from all the facts and circumstances known to the person at the time in question, has reason to know that it exists. (b) "Knowledge" means actual knowledge. "Knows" has a corresponding meaning. (c) "Discover," "learn," or words of similar import refer to knowledge rather than to reason to know. (d) A person "notifies" or "gives" a notice or notification to another person by taking such steps as may be reasonably required to inform the other person in ordinary course, whether or not the other person actually comes to know of it. (e) Subject to Subsection (f), a person "receives" a notice or notification when: (1) it comes to that person's attention; or (2) it is duly delivered in a form reasonable under the circumstances at the place of business through which the contract was made or at another location held out by that person as the place for receipt of such communications. (f) Notice, knowledge, or a notice or notification received by an organization is effective for a particular transaction from the time it is brought to the attention of the individual conducting that transaction and, in any event, from the time it would have been brought to the individual's attention if the organization had exercised due diligence. An organization exercises due diligence if it maintains reasonable routines for communicating significant information to the person conducting the transaction and there is reasonable compliance with the routines. Due diligence does not require an individual acting for the organization to communicate information unless the communication is part of the individual's regular duties or the individual has reason to know of the transaction and that the transaction would be materially affected by the information. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975 ; Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-204 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-204. Value

RS 1-204 - Value Except as otherwise provided in Chapters 3, 4, and 5, a person gives value for rights if the person acquires them: (1) in return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection; (2) as security for, or in total or partial satisfaction of, a preexisting claim; (3) by accepting delivery under a preexisting contract for purchase; or (4) in return for any consideration sufficient to support a simple contract. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975 ; Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-205 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-205. Reasonable time; seasonableness

RS 1-205 - Reasonable time; seasonableness (a) Whether a time for taking an action required by this Title is reasonable depends on the nature, purpose, and circumstances of the action. (b) An action is taken seasonably if it is taken at or within the time agreed or, if no time is agreed, at or within a reasonable time. Added by Acts 1974, No. 92, §1, eff. Jan. 1, 1975 ; Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-206 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-206. Presumptions

RS 1-206 - Presumptions Whenever this Title creates a "presumption" with respect to a fact, or provides that a fact is "presumed," the trier of fact must find the existence of the fact unless and until evidence is introduced that supports a finding of its nonexistence. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-301 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-301. Territorial applicability; parties' power to choose applicable law

RS 1-301 - Territorial applicability; parties' power to choose applicable law (a) [Reserved] (b) This section applies to a transaction to the extent that it is governed by another Chapter of this Title. (c) Except as otherwise provided in this Section: (1) [Reserved.] (2) The effectiveness of an agreement by parties to a transaction that any or all of their rights and obligations are to be determined by the law of this state or of another state or country is governed by the provisions of Book IV of the Louisiana Civil Code. (d) In the absence of an agreement effective under Subsection (c), and except as provided in Subsection (g), the rights and obligations of the parties are determined by the law that would be selected by application of Book IV of the Louisiana Civil Code. (e) [Reserved.] (f) [Reserved.] (g) To the extent that this Title governs a transaction, if one of the following provisions of this Title specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law so specified: (1) [Reserved.] (2) [Reserved.] (3) R.S. 10:4-102; (4) R.S. 10:4A-507; (5) R.S. 10:5-116; (6) [Reserved.] (7) R.S. 10:8-110; (8) R.S. 10:9-301 through 9-307. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-302 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-302. Variation by agreement

RS 1-302 - Variation by agreement (a) Except as otherwise provided in Subsection (b) or elsewhere in this Title, the effect of provisions of this Title may be varied by agreement. (b) The obligations of good faith, diligence, reasonableness, and care prescribed by this Title may not be disclaimed by agreement. The parties, by agreement, may determine the standards by which the performance of those obligations is to be measured if those standards are not manifestly unreasonable. Whenever this Title requires an action to be taken within a reasonable time, a time that is not manifestly unreasonable may be fixed by agreement. (c) The presence in certain provisions of this Title of the phrase "unless otherwise agreed", or words of similar import, does not imply that the effect of other provisions may not be varied by agreement under this Section. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-303 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-303. Course of performance, course of dealing, and usage of trade

RS 1-303 - Course of performance, course of dealing, and usage of trade (a) A "course of performance" is a sequence of conduct between the parties to a particular transaction that exists if: (1) the agreement of the parties with respect to the transaction involves repeated occasions for performance by a party; and (2) the other party, with knowledge of the nature of the performance and opportunity for objection to it, accepts the performance or acquiesces in it without objection. (b) A "course of dealing" is a sequence of conduct concerning previous transactions between the parties to a particular transaction that is fairly to be regarded as establishing a common basis of understanding for interpreting their expressions and other conduct. (c) A "usage of trade" is any practice or method of dealing having such regularity of observance in a place, vocation, or trade as to justify an expectation that it will be observed with respect to the transaction in question. The existence and scope of such a usage must be proved as facts. If it is established that such a usage is embodied in a trade code or similar record, the interpretation of the record is a question of law. (d) A course of performance or course of dealing between the parties or usage of trade in the vocation or trade in which they are engaged or of which they are or should be aware is relevant in ascertaining the meaning of the parties' agreement, may give particular meaning to specific terms of the agreement, and may supplement or qualify the terms of the agreement. A usage of trade applicable in the place in which part of the performance under the agreement is to occur may be so utilized as to that part of the performance. (e) Except as otherwise provided in Subsection (f), the express terms of an agreement and any applicable course of performance, course of dealing, or usage of trade must be construed whenever reasonable as consistent with each other. If such a construction is unreasonable: (1) express terms prevail over course of performance, course of dealing, and usage of trade; (2) course of performance prevails over course of dealing and usage of trade; and (3) course of dealing prevails over usage of trade. (f) A course of performance is relevant to show a waiver or modification of any term inconsistent with the course of performance. (g) Evidence of a relevant usage of trade offered by one party is not admissible unless that party has given the other party notice that the court finds sufficient to prevent unfair surprise to the other party. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-304 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-304. Obligation of good faith

RS 1-304 - Obligation of good faith Every contract or duty within this Title imposes an obligation of good faith in its performance and enforcement. Under this Section, "good faith" has the meaning with which that term is used in the title on "Conventional Obligations or Contracts" in the Louisiana Civil Code. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-305 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-305. Remedies to be liberally administered

RS 1-305 - Remedies to be liberally administered (a) The remedies provided by this Title shall be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed. (b) [Reserved.] Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-306 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-306. [Reserved.]

RS 1-306 - [Reserved.]
LA Rev Stat § 10:1-307 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-307. Prima facie evidence by third-party documents

RS 1-307 - Prima facie evidence by third-party documents A document in due form purporting to be a bill of lading, policy or certificate of insurance, official weigher's or inspector's certificate, consular invoice, or any other document authorized or required by a contract to be issued by a third party is prima facie evidence of its own authenticity and genuineness and of the facts stated in the document by the third party. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-308 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-308. Performance or acceptance under reservation of rights

RS 1-308 - Performance or acceptance under reservation of rights (a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Such words as "without prejudice", "under protest", or the like are sufficient. (b) Subsection (a) does not apply to an accord and satisfaction. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-309 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-309. Option to accelerate at will

RS 1-309 - Option to accelerate at will A term providing that one party or that party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or "when the party deems itself insecure" or words of similar import, means that the party has power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against which the power has been exercised. Acts 2006, No. 533, §1.
LA Rev Stat § 10:1-310 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§1-310. Subordinated obligations

RS 1-310 - Subordinated obligations An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to performance of an obligation by agreement with either the person obligated or another creditor of the person obligated. Subordination does not create a security interest as against either the common debtor or a subordinated creditor. Acts 2006, No. 533, §1.
LA Rev Stat § 10:3-101 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-101. Short title

RS 3-101 - Short title This Chapter may be cited as Uniform Commercial Code -- Negotiable Instruments. Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994; Acts 2006, No. 533, §3.
LA Rev Stat § 10:3-102 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-102. Subject matter

RS 3-102 - Subject matter  (a) This Chapter applies to negotiable instruments. It does not apply to money, to payment orders governed by Chapter 4A, or to securities governed by Chapter 8.  (b) If there is conflict between this Chapter and Chapter 4 or 9, Chapters 4 and 9 govern.  (c) Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this Chapter to the extent of the inconsistency.  Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
LA Rev Stat § 10:3-104 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-104. Negotiable instrument

RS 3-104 - Negotiable instrument  (a) Except as provided in Subsections (c) and (d), "negotiable instrument" means an unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it:  (1) is payable to bearer or to order at the time it is issued or first comes into possession of a holder;  (2) is payable on demand or at a definite time; and  (3) does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money, but the promise or order may contain (i) an undertaking or power to give, maintain, or protect collateral to secure payment, (ii) an authorization or power to the holder to confess judgment or realize on or dispose of collateral, or (iii) a waiver of the benefit of any law intended for the advantage or protection of an obligor.  (b) "Instrument" means a negotiable instrument.  (c) An order that meets all of the requirements of Subsection (a), except Paragraph (1), and otherwise falls within the definition of "check" in Subsection (f) is a negotiable instrument and a check.  (d) A promise or order other than a check is not an instrument if, at the time it is issued or first comes into possession of a holder, it contains a conspicuous statement, however expressed, to the effect that the promise or order is not negotiable or is not an instrument governed by this Chapter. (e) An instrument is a "note" if it is a promise and is a "draft" if it is an order. If an instrument falls within the definition of both "note" and "draft," a person entitled to enforce the instrument may treat it as either.  (f) "Check" means (i) a draft, other than a documentary draft, payable on demand and drawn on a bank or (ii) a cashier's check or teller's check. An instrument may be a check even though it is described on its face by another term, such as "money order".  (g) "Cashier's check" means a draft with respect to which the drawer and drawee are the same bank or branches of the same bank.  (h) "Teller's check" means a draft drawn by a bank (i) on another bank, or (ii) payable at or through a bank.  (i) "Traveler's check" means an instrument that (i) is payable on demand, (ii) is drawn on or payable at or through a bank, (iii) is designated by the term "traveler's check" or by a substantially similar term, and (iv) requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the instrument.  (j) "Certificate of deposit" means an instrument containing an acknowledgment by a bank that a sum of money has been received by the bank and a promise by the bank to repay the sum of money. A certificate of deposit is a note of the bank.  Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
LA Rev Stat § 10:3-105 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-105. Issue of instrument

RS 3-105 - Issue of instrument  (a) "Issue" means the first delivery of an instrument by the maker or drawer, whether to a holder or nonholder, for the purpose of giving rights on the instrument to any person.  (b) An unissued instrument, or an unissued incomplete instrument that is completed, is binding on the maker or drawer, but nonissuance is a defense. An instrument that is conditionally issued or is issued for a special purpose is binding on the maker or drawer, but failure of the condition or special purpose to be fulfilled is a defense.  (c) "Issuer" applies to issued and unissued instruments and means a maker or drawer of an instrument.  Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
LA Rev Stat § 10:3-106 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-106. Unconditional promise or order

RS 3-106 - Unconditional promise or order  (a) Except as provided in this Section, for the purposes of R.S. 10:3-104(a), a promise or order is unconditional unless it states (i) an express condition to payment, (ii) that the promise or order is subject to or governed by another writing, or (iii) that rights or obligations with respect to the promise or order are stated in another writing. A reference to another writing does not of itself make the promise or order conditional.  (b) A promise or order is not made conditional (i) by a reference to another writing for a statement of rights with respect to collateral, prepayment, or acceleration, or (ii) because payment is limited to resort to a particular fund or source.  (c) If a promise or order requires, as a condition to payment, a countersignature by a person whose specimen signature appears on the promise or order, the condition does not make the promise or order conditional for the purposes of R.S. 10:3-104(a). If the person whose specimen signature appears on an instrument fails to countersign the instrument, the failure to countersign is a defense to the obligation of the issuer, but the failure does not prevent a transferee of the instrument from becoming a holder of the instrument.  (d) If a promise or order at the time it is issued or first comes into possession of a holder contains a statement, required by applicable statutory or administrative law, to the effect that the rights of a holder or transferee are subject to claims or defenses that the issuer could assert against the original payee, the promise or order is not thereby made conditional for the purposes of R.S. 10:3-104(a); but if the promise or order is an instrument, there cannot be a holder in due course of the instrument.  Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
LA Rev Stat § 10:3-107 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-107. Instrument payable in foreign money

RS 3-107 - Instrument payable in foreign money  Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an equivalent amount in dollars calculated by using the current bank-offered spot rate at the place of payment for the purchase of dollars on the day on which the instrument is paid.  Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.
LA Rev Stat § 10:3-108 (2021)
2021 Louisiana Laws|Revised Statutes|Title 10 - Commercial Laws|§3-108. Payable on demand or at definite time

RS 3-108 - Payable on demand or at definite time  (a) A promise or order is "payable on demand" if it (i) states that it is payable on demand or at sight, or otherwise indicates that it is payable at the will of the holder, or (ii) does not state any time of payment.  (b) A promise or order is "payable at a definite time" if it is payable on elapse of a definite period of time after sight or acceptance or at a fixed date or dates or at a time or times readily ascertainable at the time the promise or order is issued, subject to rights of (i) prepayment, (ii) acceleration, (iii) extension at the option of the holder, or (iv) extension to a further definite time at the option of the maker or acceptor or automatically upon or after a specified act or event.  (c) If an instrument, payable at a fixed date, is also payable upon demand made before the fixed date, the instrument is payable on demand until the fixed date and, if demand for payment is not made before that date, becomes payable at a definite time on the fixed date.  Acts 1992, No. 1133, §3, eff. July 1, 1993; Acts 1993, No. 948, §10, eff. Jan. 1, 1994.