United States — Louisiana
RS 9:5302
1 provisions
A fiduciary may be named as mortgagee in trust for creditors, and the fiduciary must be appointed as special attorney-in-fact for the holders of the secured obligations.
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United States — Louisiana
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A fiduciary may be named as mortgagee in trust for creditors, and the fiduciary must be appointed as special attorney-in-fact for the holders of the secured obligations.
United States — Louisiana
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Holders of the obligations have a common, indivisible interest and may share pro rata in mortgage-sale proceeds if the mortgage is enforced.
United States — Louisiana
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If there is default, the fiduciary may enforce the mortgage by seizure, sale, or other means. The mortgagor may also restrict the fiduciary’s right to foreclose or sell.
United States — Louisiana
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Mortgage-secured notes, bonds, or other obligations do not have to be paraphed if the mortgage act identifies them by date, number, amount, and due date.
United States — Louisiana
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An act of mortgage may include a pledge of incorporeal movables and may provide for their deposit with the fiduciary.
United States — Louisiana
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Laws about substitutions, fidei commissa, or trust dispositions do not apply to conventional mortgages made under this Part.
United States — Louisiana
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This section defines “Instrument” and “Rural Property” for this part of the law.
United States — Louisiana
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This section was repealed.
United States — Louisiana
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This section was repealed by Acts 1995, No. 1201, §6.
United States — Louisiana
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Prepayment penalties on rural-property mortgage debt are capped, and none may be charged after five years.
United States — Louisiana
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This Part does not apply to certain instruments secured by a conventional mortgage on rural property when they are stated to be consumer credit transactions under the Louisiana Consumer Credit Law.
United States — Louisiana
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This section was repealed.
United States — Louisiana
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This section was repealed effective July 1, 2001.
United States — Louisiana
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This section was repealed.
United States — Louisiana
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This section was repealed, effective July 1, 2001.
United States — Louisiana
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Section 9:5352.1 is repealed.
United States — Louisiana
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Section 9:5353 is repealed.
United States — Louisiana
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This section was repealed.
United States — Louisiana
1 provisions
This section was repealed.
United States — Louisiana
1 provisions
This section was repealed effective July 1, 2001.