Louisiana Statutes
§ 10:9-343 — Control agreement not automatic subordination
Louisiana·Title 10 Commercial Laws
An agreement of the kind specified in R.S. 10:9-104(a)(2) does not constitute a waiver or subordination of a security interest in favor of the bank unless it specifically so provides.
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Legislative History
Acts 2001, No. 128, §1, eff. July 1, 2001.
Nearby Sections
15
§ 10:9-101
§ 10:9-101§ 10:9-102
Definitions and index of definitions§ 10:9-104
Control of deposit account§ 10:9-106
Control of investment property§ 10:9-107
Control of letter-of-credit right§ 10:9-107.1
Control over life insurance policy§ 10:9-107.2
Control conditioned on default§ 10:9-108
Sufficiency of description§ 10:9-109
Scope§ 10:9-201
§ 10:9-201§ 10:9-202
Title to collateral immaterial