Delivery excused until payment of price and for insolvency

La. Civ. Code art. 2487

La. Civ. Code art. 2487

Art. 2487. Delivery excused until payment of price and for insolvency The seller may refuse to deliver the thing sold until the buyer tenders payment of the price, unless the seller has granted the buyer a term for such payment. Acts 1993, No. 841, §1, eff. Jan. 1, 1995.