CC 3136
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/la/3136A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 3136
Art. 3136. Security defined
Security is an accessory right established by legislation or contract over property, or an obligation undertaken by a person other than the principal obligor, to secure performance of an obligation. It is accessory to the obligation it secures and is transferred with the obligation without a special provision to that effect.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.