---
urn: "urn:us-la:civcode:art:3164"
article_number: "3164"
status: active
heading: "Modification of contract from which a pledged obligation arises"
breadcrumb: "Book III › Title XX-A › Chapter 1"
source_url: "https://legis.la.gov/legis/Law.aspx?d=110213"
acts_citations_raw: "Acts 2014, No. 281, §1, eff. Jan. 1, 2015."
acts_citations:
  - act_year: 2014
    act_number: 281
    section: 1
    effective_date: 2015-01-01
    role: enactment
schema_version: "1.0.0"
---

# Art. 3164. Modification of contract from which a pledged obligation arises

The parties to a contract from which a pledged obligation arises may agree to modify or terminate the contract or to substitute a new contract. If made in good faith, the agreement is effective against the pledgee without his consent. Nevertheless, after written notice of the pledge is given to the obligor of a pledged obligation that has been fully earned by the pledgor's performance, an agreement modifying or extinguishing the pledged obligation is without effect against the pledgee unless made with his consent.