Yes-- again- I got "extra credit" in an accounting class for knowing that-- the GAAP--(General Agreed Accounting Practices--i think) does not apply in Louisiana either.

It effects inhertence-- in Napolionic code, the first son inherts-- not the wife, and if there are only daughters, the daughters husbands have control of the money (think of the scene from "Streetcar named Desire" when Stanely tell his sister in law -- he know the law! ) there are some other changes in stock, bonds, shares and investments. Our class didn't cover how it was different--and we were taught gaap rules-- and the louisiana didn't use them!


my other obsession