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2018 Louisiana Laws
Civil Code
CC 3157 - Privilege and preference of pledge creditor
Universal Citation:
LA Civ Code 3157 (2018)
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Art. 3157. Indivisibility of pledge
The contract of pledge is indivisible, notwithstanding the divisibility of the secured obligations, and the pledgor may not demand return of all or part of the thing pledged until all secured obligations have been extinguished.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
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