CC 3162 - Delivery to creditor or to third person. - Louisiana Statutes

Art. 3162. Delivery to creditor or to third person.

In no case does this privilege subsist on the pledge, except when the thing pledged, if it be a corporeal movable or the evidence of the credit if it be a note or other instrument under private signature, has been actually put and remained in the possession of the creditor, or of a third person agreed on by the parties.