2011 Louisiana Laws
CC 3277 — Methods of extinction.
CHAPTER 8--OF THE MANNER IN WHICH
PRIVILEGES ARE EXTINGUISHED
Art. 3277. Methods of extinction.
Privileges become extinct:
1. By the extinction of the thing subject to the privilege.
2. By the creditor acquiring the thing subject to it.
3. By the extinction of debt which gave birth to it.
4. By prescription.
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