There is a newer version
of
the Code of Civil Procedure
2017 Louisiana Laws
Code of Civil Procedure
CCP 2374 - Property subject to superior mortgage; payment of price
Universal Citation: LA Code Civ Pro 2374 (2017)
Art. 2374. Property subject to superior mortgage; payment of price
If there is a security interest, mortgage, lien, or privilege on the property superior to that of the seizing creditor, the purchaser shall pay to the sheriff only that portion of the sale price which exceeds the amount of the superior security interest, mortgage, lien, or privilege.
Acts 1989, No. 137, §18, eff. Sept. 1, 1989.
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.