Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:5554

113 words·~1 min read·/la/title-9/9-1751

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 9:5554

§5554. No requirement of registry of transfer, assignment, pledge, or security interest in or of the written obligation, collateral mortgage, or vendor's privilege

There is no requirement that there be registry of:

(1)Any evidence of pledge of the written obligation secured by a collateral mortgage or a vendor's privilege.

(2)Any transfer or assignment of the written obligation secured by a collateral mortgage or a vendor's privilege, or of the collateral mortgage or vendor's privilege.

(3)Any security interest in a collateral mortgage or vendor's privilege or written obligation secured by either.

Acts 1989, No. 137, §7, eff. Sept. 1, 1989; Acts 1990, No. 1079, §3, eff. Sept. 1, 1990.