La. Rev. Stat. § 32:1261.2
Payment to dealers; penalties
Louisiana · Louisiana Revised Statutes Title 32 — Motor Vehicles and Traffic Regulation · Status: effective
Cite this
- Citation
- La. Rev. Stat. § 32:1261.2, Payment to dealers; penalties, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2712729
- Permanent ID
ys:prov:2712729@1- SHA-256
b095bdd2473b69880073e8857b2f18daf63d303675894f436141f228805383a7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
It shall be a violation of this Chapter for a motor vehicle manufacturer, distributor, wholesaler, distributor branch, factory branch, officer, agent or other representative thereof, to fail to pay a dealer all monies due the dealer, except manufacturer hold-back amounts, within thirty days of the date of completion of the transactions or submissions of the claims giving rise to the payments to the dealers. Failure to make payments shall subject the manufacturer, distributor, wholesaler, distribution branch, factory branch, officer, agent, or other representative thereof, to a penalty of the one and one-half percent interest per month, or fraction thereof, until sums due the dealer are fully paid.