CC 1913
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/la/1913A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 1913
Art. 1913. Principal and accessory contracts
A contract is accessory when it is made to provide security for the performance of an obligation. Suretyship, mortgage, pledge, and other types of security agreements are examples of such a contract.
When the secured obligation arises from a contract, either between the same or other parties, that contract is the principal contract.
Acts 1984, No. 331, §1, eff. Jan. 1, 1985; Acts 1989, No. 137, §16, eff. Sept. 1, 1989.