CC 3167
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/la/3167A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 3167
Art. 3167. Pledgee not bound for pledgor's obligations
In the absence of an assumption by the pledgee, the existence of a pledge does not impose upon the pledgee liability for the pledgor's acts or omissions, nor does it bind the pledgee to perform the pledgor's obligations.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.