ENROLLED
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2012
HOUSE BILL NO. 535
BY REPRESENTATIVE JAY MORRIS
AN ACT1
To amend and reenact R.S. 9:4422(introductory paragraph) and (3), relative to obligations2
secured by mortgages or privileges; to provide with respect to promissory notes; and3
to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1. R.S. 9:4422(introductory paragraph) and (3) are hereby amended and6
reenacted to read as follows: 7
ยง4422. Obligations secured by mortgages or privileges; signatures and writings8
deemed authentic for purposes of foreclosure 9
The following shall apply when foreclosure by executory process is instituted10
by the transferee, assignee, or pledgee of any promissory note, whether negotiable11
or not, and any negotiable instrument, or instrument that would be negotiable but for12
a limitation of personal liability of the maker or any comaker secured by a mortgage13
or privilege: 14
* * *15
(3) The holder of any promissory note, whether negotiable or not, and any16
negotiable instrument or instrument that would be negotiable but for a limitation of17
personal liability to the maker or any comaker under this Section may enforce the18 ENROLLEDHB NO. 535
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
mortgage or privilege securing such instrument without authentic evidence of the1
signatures, assignment, pledge, negotiation, or transfer thereof.2
SPEAKER OF THE HOUSE OF REPRESENTATI VES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED: