A mortgage that secures an obligation other than one for the payment of money secures the claim of the mortgagee for the damages he may suffer from a breach of the obligation, up to the amount stated in the mortgage.
Article 3294 active cc book
Mortgage securing obligation that is not for the payment of money ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1991, No. 652, §1, eff. Jan. 1, 1992