Louisiana Revised Statutes 35:194 – Substitution of personal surety bond or special mortgage
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Terms Used In Louisiana Revised Statutes 35:194
- Ex officio: Literally, by virtue of one's office.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
In all cases where notaries public throughout the state have filed or recorded bonds in the offices of the several clerks of court and ex officio recorders of mortgages, with personal or individual surety, or who have executed and recorded a special mortgage on immovable property, as permitted by existing law, may, in lieu of such bonds, and in lieu of such special mortgages, substitute a bond in the same sum with any surety company authorized to do business in the state as surety.
Amended by Acts 1977, No. 451, §1.