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La. Rev. Stat. § 12:1501 (2026)

Applicability

✓ current as of May 2026
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CHAPTER 24.  PRESCRIPTIVE PERIODS APPLICABLE

TO BUSINESS ORGANIZATIONS

§1501. Applicability

The provisions of this Chapter shall be applicable to all business organizations defined in R.S. 12:1502(B).

Added by Acts 2001, No. 1126, §1, eff. June 28, 2001; Acts 2014, No. 328, §1, eff. January 1, 2015.

Notes of Decisions
Cited in 5 cases (2 in the last 5 years), 2009–2023 · leading case: Wooley v. Lucksinger, 14 So. 3d 311 (La. Ct. App. 2009).
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Wooley v. Lucksinger, 14 So. 3d 311 (La. Ct. App. 2009). · cites it 6× “The title of this Act and Section 1 thereof provide as follows: AN ACT To enact Chapter 24 of Title 12 of the Louisiana Revised Statutes of 1950, to be comprised of R.S. 12:1501 and 1502, relative to business organizations; to provide for filing of actions against persons who…”
Hill v. TMR Expl., Inc., 223 So. 3d 556 (La. Ct. App. 2017). · cites it 6× “R.S. 12:1501 and 12:1502. 7 The July 1, 2015 judgment also contained the written judgment overruling the exception of no cause of action.”
Salemi v. TMR Expl., Inc., 224 So. 3d 14 (La. Ct. App. 2017). · cites it 5× “3493; and failing to recognize the applicability of the doctrine of contra non valentem under the particular facts of this case. As set forth below, in the instant matter, we find it necessary only to.”
Travelers Cas. & Sur. Co of Am. v. Broussard, No. 6:22-cv-00690 (W.D. La. Jan. 27, 2023). “R.S. 12:1501(B). 60 Broussard does not argue in his objection that, as an alternative to dismissal, the Court should grant his motion for more definite statement on the issue of prescription.”
Donald F. Flores, Jr. Versus David B. Campbell; New Era Info. Tech., LLC; & Glen M. Feucht, No. 21-CA-665 (La. Ct. App. July 6, 2022). “R.S. 12:1501 et seq.7 Plaintiffs did not seek review of that ruling.”
La. Rev. Stat. § 12:1501(B): 1 case
Travelers Cas. & Sur. Co of Am. v. Broussard, No. 6:22-cv-00690 (W.D. La. Jan. 27, 2023). “R.S. 12:1501(B). 60 Broussard does not argue in his objection that, as an alternative to dismissal, the Court should grant his motion for more definite statement on the issue of prescription.”
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