Article 3070

Right to demand new security ACTIVE

If a legal surety ceases to possess required qualifications or becomes insolvent or bankrupt, any interested person may demand that the principal obligor furnish additional security in the same amount and upon the same terms as those given by the existing surety for the performance of the obligation.

Actions

References

None.

Cited by

None.

History

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

Article navigation

Cite Article 3070

Bluebook
La. Civ. Code art. 3070 (2026).
Permalink
https://theusufruct.com/cc/3070
BibTeX
@misc{lacivcode-art-3070,
  title        = {La. Civ. Code art. 3070},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/3070},
  note         = {Snapshot 2026-05-22}
}