LA · rules
La. Code Civ. Proc. art. 696
Pledgor and pledgee
The pledgee of a real right, or of a negotiable instrument or other incorporeal right, is the proper plaintiff to sue to enforce the pledged right.
The pledgee may enforce the entire right judicially, unless it is an obligation of the pledgor, in which event it may be enforced only to the extent of the indebtedness secured by the pledge.
Provenance
- Source
- legis.la.gov
- Retrieved
- 2026-09-15
- Edition
- 2026-09-15
- Content hash
701f340c54d4e007a1445313ebeb0d86d96f13a253bb14895b3a3794611f381f
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