2015 Louisiana Laws
Civil Code
CC 3171 - Indivisibility of pawn as to heirs of debtor and creditor

LA Civ Code 3171 (2015) What's This?

Art. 3171. Pledge of all or part of the leases of an immovable

            A pledge may be established over all or part of the leases of an immovable, including those not yet in existence, without the necessity of specific description of the leases in the contract establishing the pledge. If the pledge is established over leases not yet in existence, the pledge encumbers future leases as they come into existence. The pledge has effect as to third persons, even with respect to leases not in existence at the time of formation of the contract establishing the pledge, from the time that the contract establishing the pledge is recorded in the manner prescribed by law.

            Acts 2014, No. 281, §1, eff. Jan. 1, 2015.

Disclaimer: These codes may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.