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Ratable treatment of creditors

La. Civ. Code art. 3134
in effect
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3134. Ratable treatment of creditors In the absence of a preference authorized or established by legislation, an obligor's property is available to all his creditors for the satisfaction of his obligations, and the proceeds of its sale are distributed ratably among 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=110183Fetched: 10/20/2026

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