Louisiana Civil Code 3367 – Cancellation of recordation after effect of recordation has ceased
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Terms Used In Louisiana Civil Code 3367
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
If the effect of recordation of a mortgage, pledge, or privilege has ceased for lack of reinscription or has prescribed by lapse of time under La. Rev. Stat. 9:5685, the recorder upon receipt of a written signed application shall cancel its recordation.
Acts 2005, No. 169, §1, eff. Jan. 1, 2006; Acts 2005, 1st Ex. Sess., No. 13, §1, eff. Nov. 29, 2005; Acts 2014, No. 281, §1, eff. Jan. 1, 2015; Acts 2016, No. 76, §1.
NOTE: Acts 2005, 1st Ex. Sess., No. 13, §1, changed the effective date of Acts 2005, No. 169, to July 1, 2006.