RS 4436.3 - Termination of mortgages resulting from judgments of appellate courts
The court hearing the rule shall order the mortgage terminated and direct the recorder to erase the judgment from his records, if it finds that the appellate judgment was not executory when the proceedings for termination were filed, that the debtor has filed a bond guaranteeing payment of the judgment with the clerk in proper form and amount, and that the surety on the bond is qualified to act as surety.
Acts 1992, No. 1132, §5, eff. Jan. 1, 1993.