Louisiana Revised Statutes 9:5391 – Additions, accessions, and natural increases subject to mortgage
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Terms Used In Louisiana Revised Statutes 9:5391
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
A mortgage of immovable property without further action attaches to present and future component parts thereof and accessions thereto, without further description and without the necessity of subsequently amending the mortgage agreement.
Acts 1990, No. 1079, §3, eff. Sept. 1, 1990.