In Louisiana law. A phrase (translating the Fr. “Ration en payement”) which signifies the delivery and acceptance of real or personal property in satisfaction of a debt, Instead of a payment in money. See Civil Code La. art 2655.
In Louisiana law. A phrase (translating the Fr. “Ration en payement”) which signifies the delivery and acceptance of real or personal property in satisfaction of a debt, Instead of a payment in money. See Civil Code La. art 2655.