A special mortgage given over property the mortgagor does not own is established when the property is acquired by the mortgagor. A general conventional mortgage is permitted only when expressly provided by law.
Article 3292 active cc book
Mortgage of future property permitted in certain cases ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1991, No. 652, §1, eff. Jan. 1, 1992