Skip Navigation Links
      CC 3220     

  

§2--OF THE PRIVILEGE OF THE CREDITOR ON

THE THING PLEDGED

Art. 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.



If you experience any technical difficulties navigating this website, click here to contact the webmaster.
P.O. Box 94062 (900 North Third Street) Baton Rouge, Louisiana 70804-9062