Usufruct
Article 3068

Pledge of funds in lieu of suretyship ACTIVE

Legal suretyship may be given whenever the law requires or permits a person to give security for an obligation. The principal obligor may in lieu of legal suretyship deposit a sum equal to the amount for which he is to furnish security to be held in pledge as security for his obligation.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1987, No. 409, §1, eff. Jan. 1, 1988

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Cite Article 3068

Bluebook
La. Civ. Code art. 3068 (2026).
Permalink
https://theusufruct.com/cc/3068
BibTeX
@misc{lacivcode-art-3068,
  title        = {La. Civ. Code art. 3068},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/3068},
  note         = {Snapshot 2026-05-22}
}