United States — Louisiana Act or statute

United States — Louisiana legislation

RS 9:5174

A person who submits or signs a false act or declaration that leads the recorder to wrongly cancel a mortgage or privilege may be personally liable and must indemnify the recorder and anyone who relied on the…

false statementsmortgage cancellationrecords

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“A person who submits or signs a false act or declaration that leads the recorder to wrongly cancel a mortgage or privilege may be personally liable and must indemnify the recorder and anyone who relied on the cancellation.”

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RS 9:5174

A person who submits or signs a false act or declaration that leads the recorder to wrongly cancel a mortgage or privilege may be personally liable and must indemnify the recorder and anyone who relied on the cancellation.

Section 9:5174

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§ 9:5174RS 9:5174Provision

A person who submits or signs a false act or declaration that leads the recorder to wrongly cancel a mortgage or privilege may be personally liable and must indemnify the recorder and anyone who relied on the cancellation.

§5174. Liability for incorrect or false request for cancellation A. Any person who requests the recorder to cancel recordation of a mortgage or privilege and who knows or should have known that an act or declaration that he provided to the recorder pursuant to this Title contains materially false or incorrect statements that cause the recorder to incorrectly cancel the recordation of a mortgage or privilege is personally liable to and shall indemnify the recorder and any person relying upon the cancellation for any damages suffered as a consequence of such reliance. B. Any person signing any act or declaration that is presented to the recorder pursuant to this Title containing materially false or incorrect statements causing the recorder to incorrectly cancel the recordation of a mortgage or privilege is personally liable to and shall indemnify the recorder and any person relying upon the cancellation for any damages suffered as a consequence of such reliance. C. Any person who knowingly provides or executes the materially false or incorrect statement is also guilty of false swearing under the provisions of R.S. 14:125. Acts 2005, No. 169, §6, eff. July 1, 2006; Acts 2005, 1st Ex. Sess., No. 13, §1, eff. Nov. 29, 2005; Acts 2007, No. 337, §2; Redesignated from R.S. 44:110 by Acts 2010, No. 284, §1, eff. Jan. 1, 2011.
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