Louisiana Code of Civil Procedure 4204 – Security of tutor, undertutor’s duty regarding sufficiency
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Terms Used In Louisiana Code of Civil Procedure 4204
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The undertutor shall:
(1) Cause the natural tutor to record the legal mortgage in favor of the minor as provided in Article 4134;
(2) Require the tutor to furnish evidence that he has a valid and merchantable title to property offered as security under a special mortgage instead of bond and that the value of the property is at least equal to the amount of security required; otherwise the undertutor shall oppose the tutor’s application to furnish a special mortgage; and
(3) Apply to the court for an order compelling the tutor to furnish additional security whenever the security has become insufficient for any reason.