Usufruct
R.S. 45:1138

Foreclosure ACTIVE

The utility shall remain subject to the mortgage and pledge provided by this Part until the payment in full of the principal of and the interest on the bonds secured thereby, and the mortgage and pledge may be foreclosed by seizure and sale of the encumbered property in the manner provided by law for the foreclosure of conventional mortgages, including the right to executory process.

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History

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Cite R.S. 45:1138

Bluebook
La. Rev. Stat. Ann. § 45:1138 (2026).
Permalink
https://theusufruct.com/rs/title-45/section-1138
BibTeX
@misc{larevstat-45-1138,
  title        = {La. Rev. Stat. Ann. § 45:1138},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-45/section-1138},
  note         = {Snapshot 2026-05-22}
}