Louisiana § CC 2464 - Price, essential elements
Full text of Louisiana Louisiana Civil Code § CC 2464 — Price, essential elements, with citation guidance and answers to common questions.
§ CC 2464. Price, essential elements
The price must be fixed by the parties in a sum either certain or determinable through a method agreed by them. There is no sale unless the parties intended that a price be paid.
The price must not be out of all proportion with the value of the thing sold. Thus, the sale of a plantation for a dollar is not a sale, though it may be a donation in disguise.
Acts 1993, No. 841, §1, eff. Jan. 1, 1995.
Frequently Asked Questions About Louisiana § CC 2464
What does Louisiana Civil Code § CC 2464 cover?
Section CC 2464 ("Price, essential elements") 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 § CC 2464?
A common citation format is "Louisiana Civil Code § CC 2464" (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 § CC 2464 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.