---
urn: "urn:us-la:civcode:art:1783"
article_number: "1783"
status: active
heading: "Impairment or failure of security"
breadcrumb: "Book III › Title III › Chapter 3 › Section 4"
source_url: "https://legis.la.gov/legis/Law.aspx?d=109018"
acts_citations_raw: "Acts 1984, No. 331, §1, eff. Jan. 1, 1985."
acts_citations:
  - act_year: 1984
    act_number: 331
    section: 1
    effective_date: 1985-01-01
    role: enactment
schema_version: "1.0.0"
---

# Art. 1783. Impairment or failure of security

When the obligation is subject to a term and the obligor fails to furnish the promised security, or the security furnished becomes insufficient, the obligee may require that the obligor, at his option, either perform the obligation immediately or furnish sufficient security. The obligee may take all lawful measures to preserve his right.