There is a newer version of the Louisiana Laws
2015 Louisiana Laws
Civil Code
CC 3159 - Acts of pledge in favor of banks
LA Civ Code 3159 (2015) What's This?
Art. 3159. Fruits of things pledged
The pledgee is entitled to receive the fruits of the thing pledged and to retain them as security. He may also apply them to the secured obligation, even if not yet due.
Amended by Acts 1900, No. 157, §2; Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
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