In a proceeding to partition the community, the court may include, in the valuation of any community-owned corporate, commercial, or professional business, the goodwill of the business. However, that portion of the goodwill attributable to any personal quality of the spouse awarded the business shall not be included in the valuation of a business.
La. R.S. 9:2801.2
Community property; valuation of goodwill
Known as the Louisiana Drug Dealer Liability Act
The act spans §§ 9–9 (22 sections).
Acts 2003, No. 837, §1; Acts 2004, No. 177, §1.
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.