Louisiana Law Blog

Private Works Act Performance Bonds – Is the Prescriptive Period Enforceable in Louisiana?

Private Works Act Performance Bonds – Is the Prescriptive Period Enforceable in Louisiana?

Is it possibile that the contractual agreement limiting the time within which an owner must file suit to enforce a private works performance bond may be unenforceable in Louisiana? We cannot predict how a judge or jury would decide the issue but humbly suggest it is this type of gray area that warrants more consideration than it typically receives. Read the article

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