A. A privilege given by this Subpart is established and is effective as to a third person when the obligation it secures is incurred. B. The privilege is extinguished: (1) Upon extinction of the obligation it secures. (2) By written consent of the person in whose favor the privilege exists. (3) As otherwise provided in this Subpart.
‹ Prev All Louisiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.