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Code · Louisiana · Louisiana Revised Statutes

CC 3157

51 words·~1 min read·/la/3157

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CC 3157
Art. 3157. Indivisibility of pledge
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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