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Current as of January 01, 2023 | Updated by Findlaw Staff
Whenever any property encumbered with mortgages or privileges of any kind is expropriated pursuant to this Part, the property passes to the person expropriating it free and clear of all encumbrances. Any amount awarded pursuant to the provisions of this Part shall be paid into the court by which the expropriation is made and distributed to the mortgage and privileged creditors according to their priority.
Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 19, § 112. Encumbered property; distribution of price to creditors - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-19-sect-112/
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