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2018 Louisiana Laws
Civil Code
CC 3169 - Imputation of interest earned by credit pledged
Universal Citation: LA Civ Code 3169 (2018)
Art. 3169. Effectiveness against third persons
The pledge of the lessor's rights in the lease of an immovable and its rents is without effect as to third persons unless the contract establishing the pledge is recorded in the manner prescribed by law.
Nevertheless, the pledge is effective as to the lessee from the time that he is given written notice of the pledge, regardless of whether the contract establishing the pledge has been recorded.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
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