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Payment imputed to interest

La. Civ. Code art. 1866
in effect
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1866. Payment imputed to interest An obligor of a debt that bears interest may not, without the obligee's consent, impute a payment to principal when interest is due. A payment made on principal and interest must be imputed first to interest. Acts 1984, No. 331, §1, eff. Jan. 1, 1985.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=109108Fetched: 10/20/2026

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