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Louisiana Statutes

§ 9:5303 — Creditors' interests under mortgage

Louisiana § 9:5303
JurisdictionLouisiana
Title 9Civil Code-Ancillaries

This text of Louisiana § 9:5303 (Creditors' interests under mortgage) 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. § 9:5303 (2026).

Text

The interest of the holders of the obligations shall be in common and indivisible, and in case of the enforcement of the mortgage, the holders shall be entitled to participate pro rata in the proceeds of the mortgaged property.

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Nearby Sections

15
§ 9:5301
§ 9:5301
§ 9:5302
Fiduciary as mortgagee in trust for creditors
§ 9:5303
Creditors' interests under mortgage
§ 9:5304
Enforcement of mortgage; limitations
§ 9:5305
Paraph unnecessary; proviso
§ 9:5306
Act of mortgage may include pledge
§ 9:5307
Substitutions, fidei commissa, or trust dispositions; laws not applicable
§ 9:5321
§ 9:5321
§ 9:5322
Repealed by Acts 1995, No. 1201, §6
§ 9:5323
Repealed by Acts 1995, No. 1201, §6
§ 9:5324
Schedule of penalties
§ 9:5325
Exclusions
§ 9:5326
Repealed by Acts 1995, No. 1184, §4; Acts 1995, No. 1201, §6
§ 9:5351
§ 9:5351
§ 9:5351.1
Repealed by Acts 2001, No. 128, §18, eff. July 1, 2001
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Bluebook (online)
Louisiana § 9:5303, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A5303.