Louisiana Community Property Laws; Limitations on Spousal Guarantees.
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Statutes
Each spouse acting alone may manage, control, or dispose of community property unless otherwise provided by law. (LSA-C.C. Art. 2346) The concurrence of both spouses is required for the alienation, encumbrance, or lease of community immovables, standing, cut, or fallen timber, furniture or furnishings while located in the family home, all or substantially all of the assets of a community enterprise, and movables issued or registered as provided by law in the names of the spouses jointly. (LSA-C.C. Art. 2347)
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Richard A. Aguilar
The statutory information was edited and reviewed with the support of MultiState
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