Effectiveness against third persons of the pledge of other obligations

La. Civ. Code art. 3155

La. Civ. Code art. 3155

Art. 3155. Effectiveness against third persons of the pledge of other obligations If the thing pledged is another person's obligation not arising under the lease of an immovable, the pledge is effective against third persons only from the time that the obligor has actual knowledge of the pledge or has been given notice of it. Acts 2014, No. 281, §1, eff. Jan. 1, 2015.