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Pledge of property susceptible of encumbrance by security interest

La. Civ. Code art. 3143
in effect
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3143. Pledge of property susceptible of encumbrance by security interest A contract by which a person purports to pledge a thing that is susceptible of encumbrance by security interest does not create a pledge under this Title but may be effective to create a security interest in the thing. Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=110192Fetched: 10/20/2026

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