CC 3169 - Imputation of interest earned by credit pledged. - Louisiana Statutes

Art. 3169. Imputation of interest earned by credit pledged.

If it is a credit which has been given in pledge, and if this credit brings interest, the creditor shall deduct this interest from those which may be due to him; but if the debt, for the security of which the claim has been given, brings no interest itself, the deduction shall be made on the principal of the debt.