Louisiana Revised Statutes & Codes

La. Civ. Code Ann. art. § 3071 (2026)

 Compromise; definition

✓ current as of May 2026
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TITLE XVII.  COMPROMISE

Art. 3071.  Compromise; definition

A compromise is a contract whereby the parties, through concessions made by one or more of them, settle a dispute or an uncertainty concerning an obligation or other legal relationship.

Amended by Acts 1981, No. 782, §1, eff. July 28, 1981; Acts 2007, No. 138, §1.