La. Civ. Code art. 3163

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 3163 - Clause prohibiting pledge

A clause in a contract restricting the pledge of the rights of a party to payments that are or will become due under the contract, making the pledge or its enforcement a default under the contract, or providing that the other party is excused from performance or may terminate the contract on account of the pledge, is without effect.

La. C.C. § 3163

Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
Added by Acts 2014, No. 281,s. 1, eff. 1/1/2015.