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2015 Louisiana Laws
Civil Code
CC 3166 - Ownership of thing pledged
LA Civ Code 3166 (2015) What's This?
Art. 3166. Modification as default by pledgor
The pledgor and pledgee may agree that a modification or termination of the contract from which a pledged obligation of a third person arises, or the substitution of a new contract, is a default by the pledgor.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
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