Current with changes from the 2024 Legislative Session
Section 2292 - Privilege of creditor on seized property; successive seizuresA. 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.Acts 1989, No. 137, §18, eff. Sept. 1, 1989.Acts 1989, No. 137, §18, eff. 9/1/1989.