Louisiana 2015 2015 Regular Session

Louisiana House Bill HB492 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 492 Original	2015 Regular Session	Patrick Williams
Abstract:  Increases present law liberative prescription for actions on an open account, actions for
arrearages of rent and annuities, and actions for the recovery of compensation for services
rendered from three years to seven years.
Present law provides for a liberative prescriptive period of three years for the following actions:
(1)For the recovery of compensation for services rendered, wages, commissions, tuition fees,
professional fees, fees and emoluments of  public officials, freight, passage, money, lodging,
and board.
(2)For arrearages of rent and annuities.
(3)On money lent.
(4)On an open account.
(5)To recover underpayments or overpayments of royalties from the production of minerals,
except it does not apply to any payments, rent, or royalties derived from state-owned
properties.
Proposed law increases present law liberative prescription from three years to seven years for actions
on an open account, actions for arrearages of rent and annuities, and actions for the recovery of
compensation for services rendered.
(Amends C.C. Art. 3494; Adds C.C. Arts. 3498.1 and 3498.2)