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2020 Louisiana Laws
Civil Code
Art. 3157. Privilege and preference of pledge creditor
Universal Citation: LA Civ Code art. 3157 (2020)
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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