Usufruct
R.S. 9:5303

Creditors' interests under mortgage ACTIVE

The interest of the holders of the obligations shall be in common and indivisible, and in case of the enforcement of the mortgage, the holders shall be entitled to participate pro rata in the proceeds of the mortgaged property.

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JSON Markdown Source (legis.la.gov)

References

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History

No legislative history recorded.

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Cite R.S. 9:5303

Bluebook
La. Rev. Stat. Ann. § 9:5303 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-5303
BibTeX
@misc{larevstat-9-5303,
  title        = {La. Rev. Stat. Ann. § 9:5303},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-5303},
  note         = {Snapshot 2026-05-22}
}