Insolvency
La. Civ. Code art. 2037
in effect2037. Insolvency
An obligor is insolvent when the total of his liabilities exceeds the total of his fairly appraised assets.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985; Acts 2003, No. 552, §1; Acts 2004, No. 447, §1.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=109296Fetched: 10/20/2026