CC 3166
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/la/3166A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 3166
Art. 3166. Modification as default by pledgor
The pledgor and pledgee may agree that a modification or termination of the contract from which a pledged obligation of a third person arises, or the substitution of a new contract, is a default by the pledgor.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.