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Code · Louisiana · Louisiana Revised Statutes

CC 3168

85 words·~1 min read·/la/3168

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CC 3168
CHAPTER 2. THE PLEDGE OF THE LESSOR'S RIGHTS IN THE
LEASE OF AN IMMOVABLE AND ITS RENTS
Art. 3168. Requirements of contract
A contract establishing a pledge of the lessor's rights in the lease of an immovable and its rents must state precisely the nature and situation of the immovable and must state the amount of the secured obligation or the maximum amount of secured obligations that may be outstanding from time to time.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
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