Louisiana Civil Code 3359 – Duration of recordation of judicial mortgage
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Louisiana Civil Code 3359
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The effect of recordation of a judgment creating a judicial mortgage ceases ten years after the date of the judgment.
Acts 2005, No. 169, §1, eff. Jan. 1, 2006; Acts 2005, 1st Ex. Sess., No. 13, §1, eff. Nov. 29, 2005.
NOTE: Acts 2005, 1st Ex. Sess., No. 13, §1, changed the effective date of Acts 2005, No. 169, to July 1, 2006.