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Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:5303

46 words·~1 min read·/la/title-9/9-1668

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RS 9:5303
§5303. Creditors' interests under mortgage
The interest of the holders of the obligations shall be in common and indivisible, and in case of the enforcement of the mortgage, the holders shall be entitled to participate pro rata in the proceeds of the mortgaged property.
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