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A promissory note is used when one party, the issuer, is making a "promise" to pay a certain amount of money to another party, known as the payee.

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This Lease Agreement is legally binding in Louisiana according to your state's specific rules and regulations.

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Louisiana Promissory Note: What Is It?

A Louisiana promissory note is documentation of a monetary obligation that exists between two parties. The purpose of a Louisiana promissory note is to document the amount that was loaned, the amount of the payments that are expected, when those payments are due, what will happen if the debtor doesn't pay, and it should be signed and dated by both the creditor and the debtor.

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