La. Civ. Code art. 3295

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 3295 - Mortgage securing another's obligation

A person may establish a mortgage over his property to secure the obligations of another. In such a case, the mortgagor may assert against the mortgagee any defense to the obligation which the mortgage secures that the obligor could assert except lack of capacity or discharge in bankruptcy of the obligor.

La. C.C. § 3295

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