2017 Louisiana Laws
Civil Code
CC 3145 - Preference afforded by pledge

Universal Citation: LA Civ Code 3145 (2017)

Art. 3145. Preference afforded by pledge

            Pledge gives the pledgee the right to be satisfied from the thing pledged and its fruits in preference to unsecured creditors of the pledgor and to other persons whose rights become effective against the pledgee after the pledge has become effective as to them.

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

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