Louisiana 2016 2016 Regular Session

Louisiana Senate Bill SB469 Chaptered / Bill

                    2016 Regular Session	ENROLLED
SENATE BILL NO. 469(Substitute of Senate Bill No. 290 by Senator LaFleur)
BY SENATOR LAFLEUR 
1	AN ACT
2 To amend and reenact Civil Code Article 3367, relative to the cancellation of recordation
3 after effect of recordation has ceased; to provide for the cancellation of prescribed
4 state tax liens; to provide certain procedures; and to provide for related matters.
5 Be it enacted by the Legislature of Louisiana:
6 Section 1.  Civil Code Article 3367 is hereby amended and reenacted to read as
7 follows:
8 Art. 3367. Cancellation of recordation after effect of recordation has ceased
9	If the effect of recordation of a mortgage, pledge, or privilege has ceased for
10 lack of reinscription or has prescribed by lapse of time under R.S. 9:5685, the
11 recorder upon receipt of a written signed application shall cancel its recordation.
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:                          
ACT No. 76
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.