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Code · Louisiana · Louisiana Revised Statutes

CC 3292

54 words·~1 min read·/la/3292

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CC 3292
Art. 3292. Mortgage of future property permitted in certain cases
A special mortgage given over property the mortgagor does not own is established when the property is acquired by the mortgagor. A general conventional mortgage is permitted only when expressly provided by law.
Acts 1991, No. 652, §1, eff. Jan. 1, 1992.
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