Louisiana Statutes
§ 9:5526 — Mortgage to be in writing; description and content
Louisiana § 9:5526
JurisdictionLouisiana
Title 9Civil Code-Ancillaries
This text of Louisiana § 9:5526 (Mortgage to be in writing; description and content) 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. § 9:5526 (2026).
Text
Every mortgage of a ship subject to this Chapter entered into prior to the time Chapter 9 of the Louisiana Commercial Laws becomes effective shall be in writing and shall state the hull number of the mortgaged ship, and the location of the shipyard at which the mortgaged ship will be or is being constructed. The obligation secured by the mortgage shall be described, the exact sum secured thereby shall be stated or, if the same is to secure future advances, then the maximum amount thereof shall be stated, and there shall also be stated whether the sum is payable on demand or at which fixed or determinable future time. Every security agreement affecting a ship subject to this Chapter entered into after Chapter 9 of the Louisiana Commercial Laws becomes effective shall comply with the require
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Legislative History
Added by Acts 1975, No. 368, §1. Acts 1989, No. 137, §7, eff. Sept. 1, 1989.
Nearby Sections
15
§ 9:55
Short title§ 9:5501
§ 9:5501§ 9:5501.1
Sworn affidavit; form§ 9:551
§ 9:551§ 9:5521
§ 9:5521§ 9:5522
Definitions§ 9:5523
Identifying numbers§ 9:5527
Authentication; filing; feeCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 9:5526, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/9%3A5526.