Louisiana Administrative Code
Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDS
Part LVII - Private Investigator Examiners
Chapter 7 - Client-Investigator Relationship
Section LVII-713 - Conflict of Interest: Prohibited Transactions
Universal Citation: LA Admin Code LVII-713
Current through Register Vol. 50, No. 9, September 20, 2024
A. As a general principle, all transactions between client and investigators should be fair and reasonable to the client. Furthermore, an investigator may not exploit the representation of a client or information relating to the representation to the client's disadvantage. Examples of violations include, but are not limited to, the following:
1. an investigator shall not enter into a
business transaction with a client or knowingly acquire an ownership,
possessory, security, or other pecuniary interest adverse to a client unless:
a. the transaction and terms on which the
investigator acquires the interest are fair and reasonable to the client and
are fully disclosed and transmitted, in writing, to the client in a manner
which can be reasonably understood by the client;
b. the client is given a reasonable
opportunity to seek the advice of independent counsel in the transactions;
and
c. the client consents in
writing thereto;
2. an
investigator shall not use information relating to representation of a client
to the disadvantage of the client unless the client consents after
consultation.
AUTHORITY NOTE: Promulgated in accordance with R.S. 37:3505(B)(1).
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