Article 3166

Modification as default by pledgor ACTIVE

The pledgor and pledgee may agree that a modification or termination of the contract from which a pledged obligation of a third person arises, or the substitution of a new contract, is a default by the pledgor.

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References

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History

  • enactment Acts 2014, No. 281, §1, eff. Jan. 1, 2015

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Cite Article 3166

Bluebook
La. Civ. Code art. 3166 (2026).
Permalink
https://theusufruct.com/cc/3166
BibTeX
@misc{lacivcode-art-3166,
  title        = {La. Civ. Code art. 3166},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/3166},
  note         = {Snapshot 2026-05-22}
}