Usufruct
R.S. 6:622

Pledge of assets ACTIVE

A trust company may not pledge or create a lien on any of its assets except to secure the repayment of money borrowed or authorized or required by this Chapter or by rules adopted under this Chapter. An act, deed, conveyance, pledge, or contract in violation of this Section is void.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 2003, No. 573, §1, eff. June 27, 2003

Section navigation

Cite R.S. 6:622

Bluebook
La. Rev. Stat. Ann. § 6:622 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-622
BibTeX
@misc{larevstat-6-622,
  title        = {La. Rev. Stat. Ann. § 6:622},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-622},
  note         = {Snapshot 2026-05-22}
}