Privilege and preference of pledge creditor

1. Law
2. Louisiana Laws
3. Civil Code
4. Privilege and preference of pledge creditor

The contract of pledge is indivisible, notwithstanding the divisibility of the secured obligations, and the pledgor may not demand return of all or part of the thing pledged until all secured obligations have been extinguished.

Acts 2014, No. 281, §1, eff. Jan. 1, 2015.

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