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CC 3313 - Transfer does not imply subordination
Universal Citation:
LA Civ Code 3313 (2017)
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Art. 3313. Transfer does not imply subordination
A transferor of part of an obligation secured by a mortgage does not subordinate his rights to those of the transferee with respect to the portion of the mortgaged obligation he retains.
Acts 1992, No. 1132, §2, eff. Jan. 1, 1993.
{{NOTE: FORMER ART. 3313 REPEALED BY ACTS 1992, NO. 1132, §1, EFF. JAN. 1, 1993.}}
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