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Legal Forums arrow Legal Dictionary

IMPUTATION OF PAYMENT

Legal Term: IMPUTATION OF PAYMENT
Definition: This term is used in Louisiana to signify the appropriation which is made of a payment, when the debtor owes two debts to the creditor. Civ. Code of Lo. art. 2159 to 2262. See 3 N. S. 483; 6 N. S. 28; Id. 113: Poth. Ob. n. 539, 565, 570; Durant. Des Contr. Liv. 3, t. 3, 3, n. 191; 10 L. R. 232, 352; 7 Toull. n. 173, p. 246.


***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary

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