{
  "urn": "urn:us-la:civcode:art:3068",
  "article_number": "3068",
  "heading": "Pledge of funds in lieu of suretyship",
  "text": "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.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "book",
      "number": "III",
      "name": "Of the Different Modes of Acquiring the Ownership of Things"
    },
    {
      "level": "title",
      "number": "XVI",
      "name": "Suretyship"
    },
    {
      "level": "chapter",
      "number": "7",
      "name": "Legal Suretyship"
    }
  ],
  "breadcrumb": "Book III › Title XVI › Chapter 7",
  "acts_citations": [
    {
      "act_year": 1987,
      "act_number": 409,
      "section": 1,
      "effective_date": "1988-01-01",
      "effective_date_raw": "Jan. 1, 1988",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1987, No. 409, §1, eff. Jan. 1, 1988.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=110110",
  "website_law_id": 110110,
  "scrape_timestamp": "2026-05-20T14:16:20Z",
  "source_html_hash": "sha256:325f98921d5e384ee34a017f9ceea7f7a92646a07e0371c0b6cf9270ef1902f6",
  "schema_version": "1.0.0"
}