Louisiana Code § CC 3315

Third possessor defined
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A third possessor is one who acquires mortgaged property and who is not personally bound for the obligation the mortgage secures. Acts 1992, No. 1132, §2, eff. Jan. 1, 1993. {{NOTE: FORMER ART. 3315 REPEALED BY ACTS 1992, NO. 1132, §1, EFF. JAN. 1, 1993.}}

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