2009 Louisiana Laws of Civil Procedure :: CCP 4204 - Security of tutor, undertutor's duty regarding sufficiency

Art. 4204. Security of tutor, undertutor's duty regarding sufficiency

The undertutor shall:

(1) Cause the natural tutor to record the legal mortgage in favor of the minor as provided in Article 4134;

(2) Require the tutor to furnish evidence that he has a valid and merchantable title to property offered as security under a special mortgage instead of bond and that the value of the property is at least equal to the amount of security required; otherwise the undertutor shall oppose the tutor's application to furnish a special mortgage; and

(3) Apply to the court for an order compelling the tutor to furnish additional security whenever the security has become insufficient for any reason.