State Codes and Statutes

Statutes > Louisiana > Cc > Cc3176

CHAPTER 3--OF ANTICHRESIS

Art. 3176. Necessity for written instrument; rights acquired by creditor.

The antichresis shall be reduced to writing.

The creditor acquires by this contract the right of reaping the fruits or other revenues* of the immovables to him given in pledge, on condition of deducting annually their proceeds from the interest, if any be due him, and afterwards from the principal of his debt.

*"Or other revenues" has no counterpart in French text.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc3176

CHAPTER 3--OF ANTICHRESIS

Art. 3176. Necessity for written instrument; rights acquired by creditor.

The antichresis shall be reduced to writing.

The creditor acquires by this contract the right of reaping the fruits or other revenues* of the immovables to him given in pledge, on condition of deducting annually their proceeds from the interest, if any be due him, and afterwards from the principal of his debt.

*"Or other revenues" has no counterpart in French text.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Cc > Cc3176

CHAPTER 3--OF ANTICHRESIS

Art. 3176. Necessity for written instrument; rights acquired by creditor.

The antichresis shall be reduced to writing.

The creditor acquires by this contract the right of reaping the fruits or other revenues* of the immovables to him given in pledge, on condition of deducting annually their proceeds from the interest, if any be due him, and afterwards from the principal of his debt.

*"Or other revenues" has no counterpart in French text.