RS 10:9-411 Judgments and litigious rights - Louisiana Statutes

§9-411.  Judgments and litigious rights

(a)  Judicial mortgages. Law other than this Chapter governs the rights of third persons with respect to real property burdened by a judicial mortgage created by filing a judgment, including the effect of releases of the judicial mortgage by the mortgagee of record.

(b)  Enforcement.  After notification, the secured party has the rights established under R.S. 13:3864 through 13:3868.

(c)  Litigious rights.  Civil Code Article 2652 shall not apply to the creation of a security interest in a litigious right or to the foreclosure or other sale in enforcement thereof.

Acts 2001, No. 128, §1, eff. July 1, 2001.