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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
ACT No. 385
Regular Session, 2010
HOUSE BILL NO. 802
BY REPRESENTATIVE TIM BURNS
AN ACT1
To amend and reenact Civil Code Article 3298(E), relative to mortgages; to provide relative2
to mortgages securing future obligations; to provide relative to the effects of3
recordation; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. Civil Code Article 3298(E) is hereby amended and reenacted to read as6
follows:7
Art. 3298. Mortgage may secure future obligations 8
* * *9
E. The mortgage continues until it is terminated by the mortgagor or his10
successor in the manner provided in Paragraph D of this Article, or until the11
mortgage is extinguished in some other lawful manner. The effect of recordation of12
the mortgage ceases in accordance with the provisions of Articles 3357 and 3358.13
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: