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2022 Louisiana Laws
Code of Civil Procedure
Art. 2377. Inferior mortgages; payment; reference to proceeds
Universal Citation:
LA Code Civ Pro Art. 2377 (2022)
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Art. 2377. Inferior mortgages; payment; reference to proceeds
The sheriff shall pay the inferior security interests, mortgages, liens, and privileges, after payment of the costs and the amount due the seizing creditor. When the sum remaining after payment of the costs and the amount due the seizing creditor is insufficient to pay such inferior claims in full, the sheriff may deposit the remainder with the court and proceed by contradictory motion against the inferior creditors to have their claims referred to the proceeds of the sale.
Acts 1989, No. 137, §18, eff. Sept. 1, 1989.
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