La. Civ. Code art. 3070

Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
Section 3070 - Right to demand new security

If a legal surety ceases to possess required qualifications or becomes insolvent or bankrupt, any interested person may demand that the principal obligor furnish additional security in the same amount and upon the same terms as those given by the existing surety for the performance of the obligation.

La. C.C. § 3070

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.
Acts 1987, No. 409, §1, eff. 1/1/1988.