Louisiana 2012 Regular Session

Louisiana Senate Bill SR158 Latest Draft

Bill / Enrolled Version

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Regular Session, 2012	ENROLLED
SENATE RESOLUTION NO. 158
BY SENATOR APPEL 
A RESOLUTION
To urge and request the Louisiana State Law Institute to study Louisiana's lien laws.
WHEREAS, a lien is a form of security interest granted over an item of property to
secure the payment of a debt or performance of another obligation; and
WHEREAS, liens are used routinely by numerous business entities, including
owners, contractors and sub-contractors, vendors, lenders and land title companies; and
WHEREAS, the proper recording, prioritizing and perfection of liens as well as the
recording of other documents and their ranking in relation to each other is critical to the
conducting of commerce and business activity and growth in this state; and
WHEREAS, Louisiana's lien law as a whole has not recently been comprehensively
reviewed or updated; and
WHEREAS, Louisiana's law currently contains more than 600 references to liens,
scattered across various sections of Louisiana's Civil Code, Code of Civil Procedure and
Revised Statutes.
THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby
urge and request the Louisiana State Law Institute to study and review the placement and
structure of Louisiana's lien law, including the documents that are required to be recorded,
the types of liens currently provided for in Louisiana law, the placement of such provisions,
and the manner in which Louisiana law currently requires that liens be recorded, perfected
and prioritized, and further to develop recommendations to provide continuity within
Louisiana's lien law and to simplify and better organize Louisiana's lien law to be consistent
and understandable.
BE IT FURTHER RESOLVED that as part of its study the Louisiana State Law
Institute shall compare proposed modifications to Louisiana's lien law to the lien laws of
other states in an effort to ascertain the best possible expression of law as related to national
trends and business practices.
BE IT FURTHER RESOLVED that the Louisiana State Law Institute shall report
its findings and recommendations to the Louisiana Legislature on or before February 1, SR NO. 158	ENROLLED
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2013.
BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the
director of the Louisiana State Law Institute.
PRESIDENT OF THE SENATE