United States — Louisiana Act or statute

United States — Louisiana legislation

RS 9:5538

This section says Chapter 9 applies to certain Louisiana ship mortgages from before Chapter 9 took effect, and that specified provisions continue to apply to ship-construction security interests and agreements.

chapter applicabilityship mortgages

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“This section says Chapter 9 applies to certain Louisiana ship mortgages from before Chapter 9 took effect, and that specified provisions continue to apply to ship-construction security interests and agreements.”

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RS 9:5538

This section says Chapter 9 applies to certain Louisiana ship mortgages from before Chapter 9 took effect, and that specified provisions continue to apply to ship-construction security interests and agreements.

Section 9:5538

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§ 9:5538RS 9:5538Provision

This section says Chapter 9 applies to certain Louisiana ship mortgages from before Chapter 9 took effect, and that specified provisions continue to apply to ship-construction security interests and agreements.

§5538. Relation to Chapter 9 of the Louisiana Commercial Laws 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. Acts 1989, No. 137, §7, eff. Sept. 1, 1989.
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1 instrument

  • Louisiana Commercial Laws. Act

    Section 9:5538

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