La. Code Civ. Proc. art. 2292

Current with changes from the 2024 Legislative Session
Section 2292 - Privilege of creditor on seized property; successive seizures
A. To the extent not otherwise governed under Chapter 9 of the Louisiana Commercial Laws (R.S. 10:9-101, et seq.), a seizing creditor, by the mere act of seizure, acquires a privilege on the property seized, which entitles him to a preference over ordinary creditors.
B. When several seizures of the same property are made by ordinary creditors, the seizing creditors acquire a privilege and are entitled to a preference among themselves according to the order of their seizures.

La. C.P. § 2292

Acts 1989, No. 137, §18, eff. Sept. 1, 1989.
Acts 1989, No. 137, §18, eff. 9/1/1989.