Usufruct
R.S. 9:5538

Relation to Chapter 9 of the Louisiana Commercial Laws ACTIVE

A. This Chapter shall apply to Louisiana ship mortgages that were entered into prior to the time Chapter 9 of the Louisiana Commercial Laws (R.S. 10:9-101, et seq.) became effective, including without limitation those continuing mortgages that affect a property acquired after the effective date and those mortgages that may secure future obligations, lines of credit and other ongoing credit facilities.

B. The provisions of R.S. 9:5522, 5523, 5524, 5525, 5531, 5532, 5533, and 5534 shall continue to apply to the security interests and agreements concerning ships under construction that are entered into under Chapter 9 of the Louisiana Commercial Laws.

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JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1989, No. 137, §7, eff. Sept. 1, 1989

Section navigation

Cite R.S. 9:5538

Bluebook
La. Rev. Stat. Ann. § 9:5538 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-5538
BibTeX
@misc{larevstat-9-5538,
  title        = {La. Rev. Stat. Ann. § 9:5538},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-5538},
  note         = {Snapshot 2026-05-22}
}