---
urn: urn:us-la:rs:9:5303
citation: "R.S. 9:5303"
status: active
breadcrumb: "Title 9 › Code Preliminary Title › Code Book III › Code Title XXII › Chapter 2 › Part I"
acts_citations:
---

# Creditors' interests under mortgage

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.