Louisiana Health Service and Indemnity Co. v. McNamara

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that “[u]nlike statutes of limitations at common law, which are merely procedural bars to the enforcement of obligations, civilian prescriptive periods act to extinguish the civil [i.e., legal] obligation to which they apply.”
• expressing \a policy that unclaimed property should benefit the general public *Page 5 rather than holders of the property\
• “While prescriptive periods may not be lengthened as a matter of public policy, such periods may be shortened upon agreement of the parties.”
• “Although one purpose of such acts is to protect the missing owners, the primary rationale behind this legislation is its use as a revenue raising device.”

Source: CourtListener parenthetical corpus (CC0).