Attachment of pledge to obligations arising under modified or substituted

La. Civ. Code art. 3165

La. Civ. Code art. 3165

Art. 3165. Attachment of pledge to obligations arising under modified or substituted contract Upon the modification of a contract from which a pledged obligation arises, or the substitution of a new contract, the pledge encumbers the corresponding rights of the pledgor under the modified or substituted contract. Amended by Acts 1872, No. 9; Acts 2014, No. 281, §1, eff. Jan. 1, 2015.