Louisiana · Louisiana Revised Statutes — Title 32, Motor Vehicles and Traffic

La. R.S. 32 § 32:1270.22: Payment to recreational vehicles dealers; penalties

What this law says, in plain English

Recreational vehicle manufacturers and distributors must pay dealers all monies owed within 30 days of transaction completion. Failure to pay results in a penalty of 1.5% monthly interest until full payment.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.