Obligations for which mortgage may be established

La. Civ. Code art. 3293

La. Civ. Code art. 3293

Art. 3293. Obligations for which mortgage may be established A conventional mortgage may be established to secure performance of any lawful obligation, even one for the performance of an act. The obligation may have a term and be subject to a condition. Acts 1991, No. 652, §1, eff. Jan. 1, 1992.