2018 Louisiana Laws
Civil Code
CC 3170 - Pledgee's right to enforce payment of credit pledged; imputation of proceeds

Universal Citation: LA Civ Code 3170 (2018)

Art. 3170. Pledge contained in act of mortgage

            A pledge of the lessor's rights in the lease of an immovable and its rents may be established in an act of mortgage of the immovable. In that event, the pledge is given the effect of recordation for so long as the mortgage is given that effect and is extinguished when the mortgage is extinguished.

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

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.