La. Civ. Code art. 3294

Current with operative changes from the 2024 Third Special Legislative Session
Section 3294 - Mortgage securing obligation that is not for the payment of money

A mortgage that secures an obligation other than one for the payment of money secures the claim of the mortgagee for the damages he may suffer from a breach of the obligation, up to the amount stated in the mortgage.

La. C.C. § 3294

Acts 1991, No. 652, §1, eff. Jan. 1, 1992.
Acts 1991, No. 652, §1, eff. 1/1/1992.