State Codes and Statutes

Statutes > Louisiana > Cc > Cc3142

Art. 3142. Things susceptible of being pledged.

A debtor may give in pledge whatever belongs to him.

But with regard to those things, in which he has an ownership which may be divested or which is subjected to incumbrance, he can not confer on the creditor, by the pledge, any further right than he had himself.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc3142

Art. 3142. Things susceptible of being pledged.

A debtor may give in pledge whatever belongs to him.

But with regard to those things, in which he has an ownership which may be divested or which is subjected to incumbrance, he can not confer on the creditor, by the pledge, any further right than he had himself.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Cc > Cc3142

Art. 3142. Things susceptible of being pledged.

A debtor may give in pledge whatever belongs to him.

But with regard to those things, in which he has an ownership which may be divested or which is subjected to incumbrance, he can not confer on the creditor, by the pledge, any further right than he had himself.