CC 1887
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/la/1887A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 1887
Art. 1887. Discharge of any prior obligor does not affect security
If the new obligor has assumed the obligation and acquired the thing given as security, the discharge of any prior obligor by the obligee does not affect the security or its rank.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985.