Louisiana Statutes
§ 6:1225 — General loan contract provisions
Louisiana·Title 6 Banks and Banking
Each loan, and any agreement for securing the same, shall be evidenced by one or more written instruments, consistent with sound lending practices in the locality. Whenever recording of such an agreement is necessary to establish priority over the claim of any third party, the agreement shall be recorded.
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Louisiana § 6:1225 (General loan contract provisions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1990, No. 816, §1, eff. Sept. 1, 1990.
Nearby Sections
15
§ 6:1201
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Capital maintenance§ 6:121.1
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