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La. Code Civ. Proc. art. 4267

Loans to tutor for specific purposes; authority to mortgage and pledge minor's property

activein force · 2026-09-15 – presentact-effective-date

When it appears to the best interest of the minor, and after compliance with Article 4271, the court may authorize a tutor to borrow money for the purpose of preserving or administering the property, of paying debts, for expenditures in the regular course of a business conducted in accordance with Article 4266, or for the care, maintenance, training, or education of the minor. As security for such a loan, the court may authorize the tutor to mortgage or pledge property of the minor upon such terms and conditions as it may direct. Before authorizing a loan, the court may require the tutor to furnish additional security in an amount fixed by the court.

Provenance

Source
legis.la.gov
Retrieved
2026-09-15
Edition
2026-09-15
Content hash
7d9685409256cc9e3737414fefe522e170f33c2e799e975b9dcb94f498abd98a
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