2011 Louisiana Laws
Civil Code
CC 3176 — Necessity for written instrument; rights acquired by creditor.
CHAPTER 3--OF ANTICHRESIS
Art. 3176. Necessity for written instrument; rights acquired by creditor.
The antichresis shall be reduced to writing.
The creditor acquires by this contract the right of reaping the fruits or other revenues* of the immovables to him given in pledge, on condition of deducting annually their proceeds from the interest, if any be due him, and afterwards from the principal of his debt.
*"Or other revenues" has no counterpart in French text.
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