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Preference afforded by pledge

La. Civ. Code art. 3145
in effect
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3145. Preference afforded by pledge Pledge gives the pledgee the right to be satisfied from the thing pledged and its fruits in preference to unsecured creditors of the pledgor and to other persons whose rights become effective against the pledgee after the pledge has become effective as to them. 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=110194Fetched: 10/20/2026

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