§ 31:205 When transfer, assignment, or termination of mortgage or pledge effective against parties dealing with mortgagee or pledgee

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Terms Used In Louisiana Revised Statutes > Title 31 > Chapter 12 > Part 3 - General Provisions

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Board: means the Crime Victims Reparations Board. See Louisiana Revised Statutes 46:1802
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Oath: A promise to tell the truth.
  • Reparations: means payment of compensation in accordance with the provisions of this Chapter for pecuniary loss resulting from physical injury, death, or catastrophic property loss by reason of a crime enumerated in this Chapter. See Louisiana Revised Statutes 46:1802