Art. 2415. Delivery of property or payment of indebtedness to sheriff

            A. When the garnishee admits in his answer, or when on trial of a contradictory motion under Article 2414 it is found that he has in his possession property belonging to the judgment debtor or is indebted to him, the court shall order the garnishee to deliver the property immediately to the sheriff or to pay him the indebtedness when due. Delivery or payment to the sheriff discharges the garnishee's obligation to the judgment debtor to the extent of the delivery or payment.

            B. Notwithstanding the requirements provided in Paragraph A of this Article, if the garnishee is a federally insured financial institution and admits in its answer that it has in its possession funds on deposit belonging to the judgment debtor, and the garnishee has received no notice of opposition to the garnishment, then, if the funds on deposit are one thousand dollars or less, the garnishee may, without further court order, deliver the funds immediately to the sheriff. Delivery or payment to the sheriff discharges the garnishee's obligation to the judgment debtor to the extent of the delivery or payment to the sheriff.

            C. Notwithstanding the requirements provided in Paragraph A of this Article, if the garnishee is a federally insured financial institution and admits in its answer that it has in its possession funds on deposit belonging to the judgment debtor, and the garnishee has received no notice of opposition to the garnishment, and if the funds on deposit are greater than one thousand dollars, then the garnishee may, upon waiting a period of thirty days after the filing of its garnishment answer, and without further court order, deliver the funds on deposit to the sheriff. Delivery or payment to the sheriff discharges the garnishee's obligation to the judgment debtor to the extent of the delivery or payment to the sheriff.

            D. This Article does not apply to garnishment of wages, salaries, tips reported to the employer, or commissions.

            Acts 2022, No. 265, §1; Acts 2026, No. 250, §1.