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Louisiana Revised Statutes 13:3885 - Chattel mortgage; adequate description; other security agreements; exception to exemption from seizure

Louisiana Laws > Revised Statutes > Title 13 > Chapter 18 > § 13:3885 - Chattel mortgage; adequate description; other security agreements; exception to exemption from seizure


Current as of: 2009

A person who has granted a chattel mortgage containing an adequate description pursuant to R.S. 9:5352 on property provided for in R.S. 13:3881(A)(2) or (4) may not claim an exemption from a seizure to enforce that mortgage. A minor technical error in description shall not render the description inadequate for purposes of this Section, if the description is otherwise adequate for identification of the property. In addition, a person granting a security interest under Chapter 9 of the Louisiana Commercial Laws (R.S. 10:9-101, et seq.) on property subject to R.S. 13:3881(A)(2) or (4) may not claim an exemption from a seizure to enforce that security interest.

Acts 1983, Act No. 56, §1; Acts 1989, No. 137, §8, eff. Sept. 1, 1989.

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See also:
Louisiana Revised Statutes > Title 13 > Chapter 18 - Seizures In General

U.S. Code Provisions: Forfeiture

U.S. Code Title 18 > Part I > Chapter 46 - Forfeiture
U.S. Code Title 18 > Part II > Chapter 232A - Special Forfeiture Of Collateral Profits Of Crime

Federal Regulations: Forfeiture

U.S. Code Title 18 > Part I > Chapter 46 - Forfeiture
U.S. Code Title 18 > Part II > Chapter 232A - Special Forfeiture Of Collateral Profits Of Crime
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