Fruits of things pledged

La. Civ. Code art. 3159

La. Civ. Code art. 3159

Art. 3159. Fruits of things pledged The pledgee is entitled to receive the fruits of the thing pledged and to retain them as security. He may also apply them to the secured obligation, even if not yet due. Amended by Acts 1900, No. 157, §2; Acts 2014, No. 281, §1, eff. Jan. 1, 2015.