2011 Louisiana Laws
Civil Code
CC 3149 — Pledge by mandatary, authorization.


LA Civ Code 3149 What's This?

Art. 3149. Pledge by mandatary, authorization.

An attorney can not give in pledge the property of his principal without the consent of the latter, or an express power to that effect.

Nevertheless, where the power of attorney contains a general authority to mortgage the property of the principal, this power includes that of giving it in pledge.

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