{
  "urn": "urn:us-la:civcode:art:3140",
  "article_number": "3140",
  "heading": "Nullity of agreement of forfeiture",
  "text": "Unless expressly permitted by law, a clause in a contract providing in advance that ownership of a thing given as security will transfer upon default in performance of the secured obligation is absolutely null.\n\nA clause in a contract obligating the owner of a thing to give it to an obligee in payment of a debt upon a future default in performance of an obligation is absolutely null.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "book",
      "number": "III",
      "name": "Of the Different Modes of Acquiring the Ownership of Things"
    },
    {
      "level": "title",
      "number": "XX",
      "name": "Security"
    }
  ],
  "breadcrumb": "Book III › Title XX",
  "acts_citations": [
    {
      "act_year": 2014,
      "act_number": 281,
      "section": 1,
      "effective_date": "2015-01-01",
      "effective_date_raw": "Jan. 1, 2015",
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 2014, No. 281, §1, eff. Jan. 1, 2015.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=110189",
  "website_law_id": 110189,
  "scrape_timestamp": "2026-05-20T14:16:52Z",
  "source_html_hash": "sha256:e2e3ea2306a9aa92f442510f74e4410f722e985b8abd651b7786c055ad8efc3d",
  "schema_version": "1.0.0"
}