Louisiana § RS 9:3161 - Resale for non-compliance with bid; adjudicatee's liability for deficiency
Full text of Louisiana Louisiana Civil Code § RS 9:3161 — Resale for non-compliance with bid; adjudicatee's liability for deficiency, with citation guidance and answers to common questions.
§ RS 9:3161. Resale for non-compliance with bid; adjudicatee's liability for deficiency
In all cases of sale by auction, whether of movables or immovables, if the person to whom adjudication is made, does not pay the price at the time required, agreeably to the two preceding articles, the seller at the end of ten days, and after the customary notices, may again expose to public sale the thing sold, as if the first adjudication had never been made; and if at the second crying, the thing is adjudged for a smaller price than that which had been offered by the person to whom the first adjudication was made, the latter remains a debtor to the vendor, for the deficiency and for all the expenses incurred subsequent to the first sale. But if a higher price is offered for the thing than that for which it was first adjudged, the first purchaser has no claim for the excess.
Redesignated by Acts 1993, No. 841, §2, eff. Jan. 1, 1995.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 9:3161
What does Louisiana Civil Code § RS 9:3161 cover?
Section RS 9:3161 ("Resale for non-compliance with bid; adjudicatee's liability for deficiency") 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 9:3161?
A common citation format is "Louisiana Civil Code § RS 9:3161" (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 9:3161 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.