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Louisiana Revised Statutes Tit. 10, § 13-306. Priority of claims when priority rules of Chapter 9 do not apply

Current as of January 01, 2023 | Updated by Findlaw Staff

(a) Determination of priority. Subject to Subsections (b) and (c) of this Section, Chapter 12 of this Title determines the priority of conflicting claims to Chapter 12 property when the priority rules of Chapter 9 of this Title as amended by this Act do not apply.

(b) Established priorities.Subject to Subsection (c) of this Section, when the priority rules of Chapter 9 of this Title as amended by this Act do not apply and the priorities of claims to Chapter 12 property were established before August 1, 2024, law other than Chapter 12 of this Title determines priority.

(c) Determination of certain priorities on adjustment date.When the priority rules of Chapter 9 of this Title as amended by this Act do not apply, to the extent the priorities determined by this Act modify the priorities established before August 1, 2024, the priorities of claims to Chapter 12 property established before August 1, 2024, cease to apply on the adjustment date.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 10, § 13-306. Priority of claims when priority rules of Chapter 9 do not apply - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-10-sect-13-306/

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