United States — Louisiana Act or statute

United States — Louisiana legislation

RS 9:4581

A holder of a vendor’s privilege on movable property destroyed by fire has a privilege against insurance proceeds or money due under the policy, up to the unpaid purchase price.

claims under insurance policiessecurity privileges

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01

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“A holder of a vendor’s privilege on movable property destroyed by fire has a privilege against insurance proceeds or money due under the policy, up to the unpaid purchase price.”

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RS 9:4581

A holder of a vendor’s privilege on movable property destroyed by fire has a privilege against insurance proceeds or money due under the policy, up to the unpaid purchase price.

Section 9:4581

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Source record from legis.la.gov · Undated source snapshot

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§ 9:4581RS 9:4581Provision

A holder of a vendor’s privilege on movable property destroyed by fire has a privilege against insurance proceeds or money due under the policy, up to the unpaid purchase price.

SUBPART C. PAYMENTS UNDER POLICIES OF INSURANCE §4581. Holder of vendor's privilege on property destroyed by fire, privilege on insurance The holder of a vendor's privilege on movable property which is destroyed by fire has a privilege to the amount of the unpaid portion of the purchase price on the claim or money due the owner or vendee under policies of insurance covering that property. This privilege has the rank of a vendor's privilege on the thing sold and is superior in rank to any privilege growing out of the attachment, garnishment, or seizure of the claim or money.
Section 9:4581Verify source

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