CC 3157 - Privilege and preference of pledge creditor

LA Civ Code 3157 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

Art. 3157. Indivisibility of pledge

The contract of pledge is indivisible, notwithstanding the divisibility of the secured obligations, and the pledgor may not demand return of all or part of the thing pledged until all secured obligations have been extinguished.

Acts 2014, No. 281, §1, eff. Jan. 1, 2015.