Usufruct
R.S. 12:1331

Rights of judgment creditor ACTIVE

On application to a court of competent jurisdiction by any judgment creditor of a member, the court may charge the membership interest of the member with payment of the unsatisfied amount of judgment with interest. To the extent so charged, the judgment creditor shall have only the rights of an assignee of the membership interest. This Chapter shall not deprive any member of the benefit of any exemption laws applicable to his membership interest.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

  • enactment Acts 1992, No. 780, §2, eff. July 7, 1992

Section navigation

Cite R.S. 12:1331

Bluebook
La. Rev. Stat. Ann. § 12:1331 (2026).
Permalink
https://theusufruct.com/rs/title-12/section-1331
BibTeX
@misc{larevstat-12-1331,
  title        = {La. Rev. Stat. Ann. § 12:1331},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-12/section-1331},
  note         = {Snapshot 2026-05-22}
}