reglab/housing_qa huggingface dataset:
LA Rev Stat § 9:2991.5 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.5. Required disclosure; form notice of rescission

RS 2991.5 - Required disclosure; form notice of rescission  An instrument evidencing a sale of mineral rights by mail solicitation shall contain on the first page, under the caption "The Seller's Right to Cancel", the following disclosure, or one substantially similar, in conspicuous and legible type that is not smaller than fourteen-point font and is in contrast by typography, layout, or color with any other printing on the instrument, with all relevant information provided by the transferee: "THIS IS A [SALE] [CONTRACT REQUIRING THE SALE] OF YOUR VALUABLE MINERAL RIGHTS. If you sign and return this agreement, you may cancel it by mailing a notice to the buyer. You may use any written statement that indicates your intention to cancel, or you may sign and return the notice provided below. Your notice must be mailed, no later than 60 days after you signed the agreement, to the following: [insert name and mailing address of the transferee]. Within 60 days after mailing your notice, you must return any payment you have received from the buyer, and the buyer must return your mineral rights and any royalties and other payments received since the sale. You may lose important rights if you do not file your notice in the conveyance records of the parish where the property is located within 90 days after this agreement is filed in the conveyance records. NOTICE OF CANCELLATION I, [insert name of transferor], wish to cancel the sale or contract requiring the sale of my mineral rights to [insert name of transferee]. The affected mineral rights are all mineral rights that I transferred to the transferee in the following lands: [insert legal description of land].  _________________________ ______________________ Transferor's SignatureDate"  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:2991.6 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.6. Right to rescind; time for rescission

RS 2991.6 - Right to rescind; time for rescission  A. When an instrument evidencing a sale of mineral rights by mail solicitation contains the disclosure required by this Part, the transferor may rescind the agreement within a period of sixty days after the date on which the transferor signs it.  B. When an instrument evidencing a sale of mineral rights by mail solicitation does not contain the disclosure required by this Part, the transferor may rescind the agreement within a peremptive period of three years after the date on which the transferor signs it.  C. The timely rescission of a sale of mineral rights by mail solicitation that is an option, right of first refusal, or contract to sell also rescinds any act of transfer subsequently executed pursuant to such contract.  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:2991.7 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.7. Rescission; method of making; effects as to third persons

RS 2991.7 - Rescission; method of making; effects as to third persons  A. Rescission of a sale of mineral rights by mail solicitation must be made by written notice to the transferee and is effective between the parties when the notice of rescission is transmitted.  B. If the instrument evidencing a sale of mineral rights by mail solicitation contains the disclosure required by this Part, a third person acquiring an interest in mineral rights from the transferee is subject to the effect of a notice of rescission filed within ninety days after the date of the filing of the instrument. In all other cases, rescission may not impair the rights of any third person who acquired an interest in the mineral rights prior to the time that the notice of rescission was filed for registry.  C. A notice of rescission is without effect as to third persons unless it contains the name of the transferee and the transferor.  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:2991.8 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.8. Rescission; parties obligated to make payments

RS 2991.8 - Rescission; parties obligated to make payments  Rescission shall not be effective against a party obligated to make or in fact making royalty or other payments until sixty days after that party is furnished with a certified copy of the notice of rescission.  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:2991.9 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.9. Effects of rescission

RS 2991.9 - Effects of rescission  A. A transferor who exercises the right to rescind under this Part shall return to the transferee within sixty days after rescission any payments made by the transferee. A transferor's failure to return such payments gives rise to a cause of action for return of the payments but does not prevent rescission.  B. A transferee against whom the right to rescind is exercised under this Part shall pay to the transferor within sixty days after rescission any royalties and other payments received by the transferee plus interest on those royalties and other payments from the date received by the transferee.  C. When an instrument evidencing a sale of mineral rights by mail solicitation does not contain the disclosure required by this Part, a transferee against whom the right to rescind is exercised shall be liable for attorney fees and court costs. In such a case, in addition to restoring any royalties or other payments due to the transferor, a court may further award as damages an amount up to twice the sum of royalties and other payments received by the transferee.  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:2991.10 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.10. Prohibited terms

RS 2991.10 - Prohibited terms  The following provisions, if included in or accompanying an instrument evidencing a sale of mineral rights by mail solicitation, are absolutely null:  (1) A provision requiring the agreement to be governed or interpreted by the laws of another jurisdiction or requiring a suit to be brought in a forum or jurisdiction outside of this state.  (2) A provision stipulating any venue to the extent inconsistent with the applicable provisions of the Code of Civil Procedure.  (3) A provision requiring the transferor to indemnify the transferee for any loss related to the transferor's right to rescind.  (4) A provision authorizing the transferee to act as a mandatary of the transferor.  (5) A provision that excludes, limits, waives, or otherwise modifies the obligations of the transferee described in this Part.  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:2991.11 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§2991.11. Reservation

RS 2991.11 - Reservation  Nothing in this Part shall be construed to limit any other remedies or grounds for rescission provided by law.  Acts 2016, No. 179, §1, eff. May 19, 2016.
LA Rev Stat § 9:3001 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3001. Persons authorized to make judicial sales

RS 3001 - Persons authorized to make judicial sales  Judicial sales may be made by the sheriff, by an auctioneer of the parish or city in which the sale is to be made, or by the legal representative of the succession, minor, interdict, or insolvent property owner. In cases where the sale is not to be made by the legal representative, the judge ordering the sale shall direct that it be made by an auctioneer who has been agreed upon by the parties, or if the parties do not agree, by the sheriff or an auctioneer designated by the judge.
LA Rev Stat § 9:3002 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3002. Sales on credit; notes; security

RS 3002 - Sales on credit; notes; security  The sheriff, or other person making sales of succession property on credit terms, shall be authorized to receive for the price the notes of the purchasers, and identify them by description in the adjudication. The security on the notes shall in all cases be approved by the vendor or the party representing him.
LA Rev Stat § 9:3003 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3003. Notes or bonds to be identified with sales

RS 3003 - Notes or bonds to be identified with sales  On the registering of proces verbals of sales in the office of the recorder or register of conveyances of the parish where the property so adjudicated may be situated, the recorder or register shall be authorized to identify with the sales the notes or bonds received, by his paraph, in order that he may cancel the mortgage when they shall have been paid.
LA Rev Stat § 9:3051 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3051. Transfer of claims for collection

RS 3051 - Transfer of claims for collection  When several parties have claims against the same defendant or defendants, arising out of a common transaction, such as claims of laborers for their wages, they, or any of them, may transfer their claims to any person or persons for collection by suit or otherwise. The transfer need not be supported by a valuable consideration but it shall be sufficient that it be in writing.
LA Rev Stat § 9:3101 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3101. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3101 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3102 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3102. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3102 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3103 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3103. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3103 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3104 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3104. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3104 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3105 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3105. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3105 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3106 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3106. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3106 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3107 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3107. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3107 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3108 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3108. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3108 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3109 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3109. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3109 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3110 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3110. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3110 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3111 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3111. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3111 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3112 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3112. Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.

RS 3112 - Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001.
LA Rev Stat § 9:3121 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3121. Crop financing; assignment of interest by agricultural producer

RS 3121 - Crop financing; assignment of interest by agricultural producer  A. When an agricultural producer, as defined in R.S. 3:3402, obtains financing for the production of a crop, and the total amount of the proceeds of that financing has not been disbursed, the agricultural producer may assign his interest in the undisbursed proceeds of financing for the current crop year to one or more vendors of supplies, materials, or services used in the production or processing of that crop in that crop year. The vendor to whom the assignment is made shall notify the lending institution of the existence of the assignment. The notice shall be transmitted by certified mail, return receipt requested, or by actual delivery receipted for by the lending institution. Upon receipt of the notice, the lending institution shall make any future payments of the undisbursed proceeds jointly, or payable jointly, to the agricultural producer and the vendor until the total amount of the assignment has been paid by such joint payments.  B. The notice of assignment shall contain the following information:  (1) The name and address of the agricultural producer.  (2) The name and address of the lending institution.  (3) The total amount of the proceeds which are assigned.  (4) A description of the crop or crops and the location thereof as furnished to the vendor by the agricultural producer.  (5) The types and amounts of supplies, materials, or services purchased.  (6) The date on which the supplies, materials, or services were purchased.  (7) A copy of the invoice or purchase order for the supplies, materials, or services.  (8) A copy of the contract of assignment.  C. No assignment shall be made for less than one thousand dollars.  D. If the agricultural producer makes multiple assignments, the assignments shall rank in the order they are received by the lending institution.  E. The vendor may terminate an assignment by written instrument transmitted by certified mail, return receipt requested, or by actual delivery receipted for by the lending institution.  F. The assignment shall not abridge or affect any right of offset or compensation which the lending institution may have with respect to any undisbursed proceeds.  G. No lending institution shall incur any liability as a result of compliance with the provisions of this Section.  Acts 1986, No. 233, §1.
LA Rev Stat § 9:3131 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3131. Legislative intent

RS 3131 - Legislative intent The legislature finds and declares that the public policy of this state favors the marketability of immovables and the transferability of interests in immovables free of title defects or unreasonable restraints on alienation. The legislature further finds and declares that private transfer fee obligations violate this public policy by impairing the marketability and transferability of immovables and by constituting an unreasonable restraint on alienation regardless of the duration of the obligation to pay a private transfer fee, the amount of a private transfer fee, or the method by which any private transfer fee is created or imposed. Thus, the legislature finds and declares that a private transfer fee obligation shall not create real rights and shall not be binding on subsequent owners of immovables or other third parties, whether or not evidenced by a recorded instrument. Acts 2010, No. 938, §1, eff. July 2, 2010.
LA Rev Stat § 9:3133 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3133. Private transfer fee; prohibition

RS 3133 - Private transfer fee; prohibition A private transfer fee obligation does not constitute a real right and is not effective or enforceable against third persons, whether or not the declaration or agreement under which it arises is recorded. Acts 2010, No. 938, §1, eff. July 2, 2010.
LA Rev Stat § 9:3134 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3134. Violations; liability

RS 3134 - Violations; liability Any natural or juridical person who records or enters into an agreement imposing a private transfer fee obligation in their favor after July 2, 2010, shall be liable for: (1) Any and all damages resulting from the imposition of the transfer fee obligation on a transfer of an interest in an immovable, including without limitation the amount of any transfer fee paid by a party to the transfer. (2) All attorney fees, expenses, and costs incurred by a party to the transfer or mortgagee of the immovable to recover any transfer fee paid or in connection with an action to quiet title or to declare the private transfer fee unenforceable. Where a mandatary acts on behalf of a principal to record or enforce a private transfer fee obligation, both the principal and the mandatary shall be solidarily liable. Acts 2010, No. 938, §1, eff. July 2, 2010.
LA Rev Stat § 9:3135 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3135. Disclosure

RS 3135 - Disclosure A seller of an immovable shall furnish to any purchaser a written statement disclosing the existence of any private transfer fee obligation. This written statement shall include a description of the private transfer fee obligation and include a statement that private transfer fee obligations are subject to certain prohibitions under this Chapter. Acts 2010, No. 938, §1, eff. July 2, 2010.
LA Rev Stat § 9:3137.1 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3137.1. Short title

RS 3137.1 - Short title This Part shall be known and may be cited as the "Louisiana Exchange Sale of Receivables Act". Acts 2010, No. 958, §1, eff. July 6, 2010.
LA Rev Stat § 9:3137.2 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3137.2. Legislative intent

RS 3137.2 - Legislative intent A. It is the intent of the legislature to encourage and promote businesses to offer sellers the ability to sell their receivables to qualified buyers over electronic and other types of exchanges located in this state, thereby availing themselves of Louisiana civil law principles not found in common law jurisdictions, and further availing themselves of the true sale provisions of this Part and R.S. 10:9-109(e). B. The legislature declares the following actions to be the public policy of this state. (1) All sales of receivables over exchanges located in Louisiana shall be subject to Louisiana law, and specifically subject to this Part and to R.S. 10:9-109(e). (2) Such sales shall result in true sales for all purposes and not be limited to a bankruptcy context. (3) Such sales shall not be subject to recharacterization as a simulated sale or as a loan, extension of credit, or other credit accommodation by the buyer to the seller, notwithstanding that the seller may be obligated to repurchase the receivable, or the buyer may have other recourse against the seller, if the receivable is not timely paid, and further notwithstanding that the seller may be entitled to receive a portion of the collection proceeds. C. This Part and R.S. 10:9-109(e) specifically reject common law legal theories under which recourse sales of receivables have been recharacterized as loans or credit accommodations, as being contrary to Louisiana civil law principles that apply to sales of receivables over exchanges located in this state. Acts 2010, No. 958, §1, eff. July 6, 2010.
LA Rev Stat § 9:3137.3 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3137.3. Definitions

RS 3137.3 - Definitions A. For the purposes of this Part, the following terms shall have the following meanings unless the context clearly indicates otherwise. (1) "Buyer" means the person buying a receivable over an exchange located in this state. (2) "Collection proceeds" means any amounts received or otherwise collected from the person owing the receivable, including the account debtor or a guarantor of the payment obligation. (3) "Consummate" means to complete all agreements, steps and actions necessary for a sale of receivables to be deemed to be complete under Louisiana law, with ownership of the purchased receivable passing from the seller to the buyer. (4) "Exchange" means an electronic or other marketplace over which sellers may offer and sell their receivables to qualified buyers. (5) "Operational employees" means and refers to employees whose work responsibilities are primarily devoted to performing operations-related functions related to the exchange and persons transacting business over the exchange, as compared to employees whose primary work responsibilities are devoted to managerial, marketing, sales, internal accounting and other non-operational functions. (6) "Receivable" means an account, general intangible, payment intangible, chattel paper or instrument as defined under the UCC. Receivables shall also include third-party payment obligations that are not subject to the UCC. Receivables shall not be limited to United States domestic payment obligations, and shall include receivables owed by non-United States persons and entities as well as receivables originating out of non-United States transactions. (7) "Seller" means the person offering a receivable for sale over an exchange located in this state. (8) "True sale" means a consummated sale of all rights, title and interests that the seller may have in a receivable sold over an exchange located in this state, with the buyer acquiring all of the seller's rights and interests, and with the seller not retaining a legal or equitable interest in the receivables sold. (9) "UCC" means the Uniform Commercial Code of any state and the comparable laws of foreign non-United States jurisdictions. In Louisiana, "UCC" means and refers to Chapter 9 of the Louisiana Uniform Commercial Code, R.S. 10:9-101, et seq. B. All terms used, but not defined in this Part, shall have the meanings found in the UCC, the Louisiana Revised Statutes of 1950, and the Civil Code. Acts 2010, No. 958, §1, eff. July 6, 2010.
LA Rev Stat § 9:3137.4 (2021)
2021 Louisiana Laws|Revised Statutes|Title 9 - Civil Code-Ancillaries|§3137.4. Scope

RS 3137.4 - Scope A. This Part shall apply to all sales of receivables over exchanges located in this state irrespective of whether the buyer or the seller of the receivable is a Louisiana resident, business organization or other entity, provided that the buyer and the seller contractually agree that such sales shall be deemed to be consummated in Louisiana subject to Louisiana law, and contractually agree that the sales of receivables result in true sales for all purposes. B. An exchange shall be conclusively deemed to be located in this state when the exchange is owned and operated by a Louisiana business organization having fifty percent or more of its operational employees located in this state, and such Louisiana business organization declares in an affidavit filed in the conveyance office of the parish in which the organization has its principal place of business, that the affiant maintains its principal place of business in that parish. An exchange owner or operator located in this state may have additional sales and other offices, as well as managerial, sales, marketing, accounting and other operational and non-operational employees located in other jurisdictions, so long as the company has fifty percent or more of its operational employees in Louisiana. In the case of an electronic exchange conducting exchange business over the Internet or other electronic media, the servers and electronic interchanges of the company need not be physically located in Louisiana. Acts 2010, No. 958, §1, eff. July 6, 2010.