Terms Used In Louisiana Revised Statutes 13:5801

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

If the bond of the constable, except in Orleans Parish, is given with three good and solvent sureties, bound in solido, residing within the parish wherein the constable is to exercise the functions of his office, or with an approved surety company, and the bond is then approved by the judge of the district court for the parish, the bond shall not be recorded in the mortgage records and shall not operate as a mortgage on any property of the constable, or on any surety thereon.

Redesignated from La. Rev. Stat. 33:1701 pursuant to Acts 2011, No. 248, §3.