United States — Louisiana Act or statute

United States — Louisiana legislation

RS 9:5031

A lien or privilege generally cannot be canceled, removed from the public records, or otherwise affected by a sale of the property in certain proceedings.

insolvency proceedingslienssales

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01

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“A lien or privilege generally cannot be canceled, removed from the public records, or otherwise affected by a sale of the property in certain proceedings.”

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RS 9:5031

A lien or privilege generally cannot be canceled, removed from the public records, or otherwise affected by a sale of the property in certain proceedings.

Section 9:5031

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

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Amendment
§ 9:5031RS 9:5031Amendment

A lien or privilege generally cannot be canceled, removed from the public records, or otherwise affected by a sale of the property in certain proceedings.

PART IV. RIGHTS OF LIEN OR PRIVILEGE HOLDER §5031. Preservation of rights of lien or privilege holder in sales held in certain proceedings No lien or privilege shall be cancelled, removed from the public records, or in any manner affected by any public or private sale of property subject thereto in any succession, liquidation, insolvency, receivership, bankruptcy, or partition proceeding. However, the provisions of this Section shall not apply to the execution of judgments governed by Book IV of the Louisiana Code of Civil Procedure, Article 2251 et seq., or to judicial sales in executory proceedings under the Louisiana Code of Civil Procedure, Articles 2631 et seq. Added by Acts 1980, No. 356, §1. Amended by Acts 1981, No. 894, §1.
Section 9:5031Verify source

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1 referenced instrument

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1 instrument

  • Louisiana Code

    Section 9:5031

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