Loan for consumption; definition

La. Civ. Code art. 2904

La. Civ. Code art. 2904

Art. 2904. Loan for consumption; definition The loan for consumption is a contract by which a person, the lender, delivers consumable things to another, the borrower, who binds himself to return to the lender an equal amount of things of the same kind and quality. Acts 2004, No. 743, §1, eff. Jan. 1, 2005.