Usufruct
Article 3279

Rights created by mortgage ACTIVE

Mortgage gives the mortgagee, upon failure of the obligor to perform the obligation that the mortgage secures, the right to cause the property to be seized and sold in the manner provided by law and to have the proceeds applied toward the satisfaction of the obligation in preference to claims of others.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1991, No. 652, §1, eff. Jan. 1, 1992

Article navigation

Cite Article 3279

Bluebook
La. Civ. Code art. 3279 (2026).
Permalink
https://theusufruct.com/cc/3279
BibTeX
@misc{lacivcode-art-3279,
  title        = {La. Civ. Code art. 3279},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/3279},
  note         = {Snapshot 2026-05-22}
}