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La. Rev. Stat. § 9:3151

Sale by auction, definition

Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective

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La. Rev. Stat. § 9:3151, Sale by auction, definition, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2647076
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The sale by auction is that which takes place when the thing is offered publicly to be sold to whoever will give the highest price.