Louisiana Revised Statutes 9:5306 – Act of mortgage may include pledge
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 9:5306
- Fiduciary: A trustee, executor, or administrator.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The act of mortgage may include a pledge of incorporeal movables and may provide for the deposit thereof with the fiduciary.