Louisiana § 9:4581

Louisiana Statutes

§ 9:4581

Louisiana § 9:4581

Title 9Civil Code-Ancillaries

This text of Louisiana § 9:4581 is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 9:4581 (2026).

Text

§4581. Holder of vendor's privilege on property destroyed by fire, privilege on insurance
The holder of a vendor's privilege on movable property which is destroyed by fire has a privilege to the amount of the unpaid portion of the purchase price on the claim or money due the owner or vendee under policies of insurance covering that property. This privilege has the rank of a vendor's privilege on the thing sold and is superior in rank to any privilege growing out of the attachment, garnishment, or seizure of the claim or money.

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§4581. Holder of vendor's privilege on property destroyed by fire, privilege on insurance
The holder of a vendor's privilege on movable property which is destroyed by fire has a privilege to the amount of the unpaid portion of the purchase price on the claim or money due the owner or vendee under policies of insurance covering that property. This privilege has the rank of a vendor's privilege on the thing sold and is superior in rank to any privilege growing out of the attachment, garnishment, or seizure of the claim or money.