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2018 Louisiana Laws
Revised Statutes
TITLE 9 - Civil Code-Ancillaries
RS 9:5303 - Creditors' interests under mortgage
Universal Citation: LA Rev Stat § 9:5303 (2018)
§5303. Creditors' interests under mortgage
The interest of the holders of the obligations shall be in common and indivisible, and in case of the enforcement of the mortgage, the holders shall be entitled to participate pro rata in the proceeds of the mortgaged property.
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