Louisiana § RS 40:447 - Forgiveness or compromise of indebtedness
Full text of Louisiana Louisiana Civil Code § RS 40:447 — Forgiveness or compromise of indebtedness, with citation guidance and answers to common questions.
§ RS 40:447. Forgiveness or compromise of indebtedness
A local housing authority may forgive, compromise, or forbear from collecting or enforcing, wholly or partially, temporarily or permanently, any debt or obligation owed to the local housing authority.
Amended by Acts 1960, No. 278, §3; Acts 1997, No. 1188, §1.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 40:447
What does Louisiana Civil Code § RS 40:447 cover?
Section RS 40:447 ("Forgiveness or compromise of indebtedness") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 40:447?
A common citation format is "Louisiana Civil Code § RS 40:447" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 40:447 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.