2011 Louisiana Laws
Revised Statutes
TITLE 42 — Public officers and employees
RS 42:187 — Bond operates as mortgage except when signed by surety company


LA Rev Stat § 42:187 What's This?

§187. Bond operates as mortgage except when signed by surety company

The bonds, when duly registered, shall operate from and after the date of the registry as a mortgage upon all of the real estate of the principal obligor.

This does not apply to bonds signed by surety companies which shall be recorded only in the parish where the public officer resides and, shall not operate as a mortgage on any property which may be owned by the public officer.

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