United States — Louisiana Statutes

RS 9:5372

Citation

Citation unavailable

Stored provisions

1 provision

This section was repealed.

RS 9:5373

Citation

Citation unavailable

Stored provisions

1 provision

This section was repealed.

RS 9:5381

Citation

Citation unavailable

Stored provisions

1 provision

Hypothecations and conveyances of ships and other vessels are valid if made in good faith for valuable consideration, and recordation gives notice according to the relevant law.

• Record notice
• Security interests
• Vessel conveyance

RS 9:5382

Citation

Citation unavailable

Stored provisions

1 provision

A conventional mortgage holder may recover against a person who disposes of or converts covered property without the mortgagee’s written consent.

• Mortgage recovery
• Property conversion

RS 9:5383

Citation

Citation unavailable

Stored provisions

1 provision

If more than one parcel of immovable property is transferred, assuming multiple vendor’s privileges or mortgages does not create an assumption in globo unless the transfer says otherwise.

• Immovable property transfers
• Mortgages
• Vendor's privileges

RS 9:5384

Citation

Citation unavailable

Stored provisions

1 provision

An original vendor’s privilege or first mortgage keeps its status and priority when the secured debt is assumed by a new obligor, even if the original obligor is released.

• Lien priority
• Mortgages

RS 9:5385

Citation

Citation unavailable

Stored provisions

1 provision

After a mortgage is fully paid, the mortgagee, servicing agent, or note holder must provide the satisfied note or a release so the mortgage record can be cancelled, usually within 30 days of written demand.

• Lending
• Loan servicing
• Mortgages

RS 9:5386

Citation

Citation unavailable

Stored provisions

1 provision

A mortgage on an immovable may include a pledge of the mortgagor’s insurance rights, and the pledge becomes effective against third parties when the mortgage is recorded.

• Collateral assignment
• Insurance proceeds
• Mortgages

RS 9:5387

Citation

Citation unavailable

Stored provisions

1 provision

This section was repealed effective September 1, 1990.

RS 9:5388

Citation

Citation unavailable

Stored provisions

1 provision

A mortgage or security agreement may give the mortgagee or secured party power to enforce assigned or pledged incorporeal rights, and the grant cannot be revoked while the mortgage or security interest is still in effect.

• Collateral enforcement
• Mortgages
• Security interests

RS 9:5389

Citation

Citation unavailable

Stored provisions

1 provision

A mortgage or security interest must secure certain additional advances, and the mortgagee or secured party may also be allowed to buy insurance or pay taxes if the mortgagor or debtor fails to do so.

• Collateral security
• Insurance
• Lending
• Tax payments

RS 9:5390

Citation

Citation unavailable

Stored provisions

1 provision

Changing the terms of a secured note does not, by itself, impair the related mortgage or security agreement, and amendment is not required for foreclosure; a mortgage may also automatically secure certain renewal or refinancing notes when the mortgage says so.

• Mortgage
• Refinancing
• Renewal
• Security agreement

RS 9:5391

Citation

Citation unavailable

Stored provisions

1 provision

A mortgage on immovable property automatically extends to present and future component parts and accessions, without needing extra description or later amendment.

• Immovable property
• Mortgage

RS 9:5392

Citation

Citation unavailable

Stored provisions

1 provision

A mortgage continues after the mortgagee reduces the secured obligation to judgment, and the mortgage secures that judgment without interruption, unless the judgment says otherwise.

• Judgment
• Mortgage

RS 9:5393

Citation

Citation unavailable

Stored provisions

1 provision

A mortgage note and mortgage, or a promissory note and security agreement, may be combined on one form if the signer signs once and agrees to the listed covenants.

• Mortgages
• Secured transactions

RS 9:5394

Citation

Citation unavailable

Stored provisions

1 provision

This section says R.S. 9:5386 through R.S. 9:5393 apply to mortgages and security interests unless Chapter 9 of the Louisiana Commercial Laws governs instead.

• Applicability
• Mortgages
• Security interests

RS 9:5395

Citation

Citation unavailable

Stored provisions

1 provision

Financial institutions, fiduciaries, and other secured lenders get the same environmental liability protections under state law as they have under federal law, when the property or borrower relationship falls within the stated conditions.

• Environmental liability
• Fiduciaries
• Financial responsibility
• Mortgage lenders

RS 9:5396

Citation

Citation unavailable

Stored provisions

1 provision

Mortgagees and loan servicers may enter certain mortgaged properties to do maintenance, and they are not liable for losses claimed from that maintenance.

• Loan servicing
• Mortgage enforcement
• Property maintenance

RS 9:55

Citation

Citation unavailable

Stored provisions

1 provision

This section gives the Part its short title: the “Women's Safety and Protection Act.”

• Compliance
• Women's safety

RS 9:5501

Citation

Citation unavailable

Stored provisions

1 provision

An owner with a similar name to a judgment debtor may file an affidavit of distinction to clarify identity, and the judgment creditor must sign the acknowledgment within 10 days after receipt.

• Affidavits
• Judgment enforcement
• Property title