2024 Regular Session ENROLLED SENATE BILL NO. 35 BY SENATOR MORRIS 1 AN ACT 2 To amend and reenact Civil Code Art. 2652, relative to liability; to provide relative to 3 litigious rights; to provide with respect to the sale and assignment of litigious rights; 4 to provide relative to the assignment of a promissory note; and to provide for related 5 matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. Civil Code Art. 2652 is hereby amended and reenacted to read as follows: 8 Art. 2652. Sale of litigious rights 9 When a litigious right is assigned, the debtor may extinguish his obligation 10 by paying to the assignee the price the assignee paid for the assignment, with interest 11 from the time of the assignment. 12 A right is litigious, for that purpose, when it is contested in a suit already 13 filed. 14 Nevertheless, the debtor may not thus extinguish his obligation when the 15 assignment is of a promissory note, or has been made to a co-owner of the assigned 16 right, or to a possessor of the thing subject to the litigious right. PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 1 of 1 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.