La. Stat. tit. 10 § 9-107.2

Current with changes from the 2024 Legislative Session

Section 10:9-107.2 - Control conditioned on default

A secured party that has satisfied R.S. 10:9-104, 9-105, 9-106, 9-107, 9-107.1, or 9-107.3 has control with respect to such collateral even if the secured party has agreed not to exercise such control until a default by the debtor or obligor or other unfulfilled condition is met.

La. R.S. § 10:9-107.2

Amended by Acts 2024, No. 773,s. 1, eff. 8/1/2024.

Acts 2001, No. 128, §1, eff. 7/1/2001; Acts 2004, No. 303, §2.