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Privilege of pledgee.

La. Civ. Code art. 3220
in effect
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3220. Privilege of pledgee. The creditor acquires the right of possessing and retaining the movable which he has received in pledge, as a security for his debt, and may cause it to be sold for the payment of the same. Hence proceeds the privilege which he enjoys on the thing.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=110270Fetched: 10/20/2026

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