Louisiana Statutes

§ 9:5535 — Fraudulent release of mortgage; penalty

Louisiana·Title 9 Civil Code-Ancillaries
If any mortgagee named in a mortgage of a ship, and not being at the time the owner and holder of the debt secured, shall fraudulently execute a release or satisfaction of said mortgage, he shall be fined not more than five hundred dollars, or imprisoned for not more than six months, or both.

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Louisiana § 9:5535 (Fraudulent release of mortgage; penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Acts 1975, No. 368, §1.

Nearby Sections

15
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