Louisiana § RS 31:205 - When transfer, assignment, or termination of mortgage or pledge effective against parties dealing with mortgagee or pledgee
Full text of Louisiana Louisiana Civil Code § RS 31:205 — When transfer, assignment, or termination of mortgage or pledge effective against parties dealing with mortgagee or pledgee, with citation guidance and answers to common questions.
§ RS 31:205. When transfer, assignment, or termination of mortgage or pledge effective against parties dealing with mortgagee or pledgee
Notwithstanding any other knowledge or notice, no transfer, assignment, or termination of the right of a mortgagee or pledgee under a mortgage or pledge permitted by these articles shall be binding upon any person dealing with the mortgagee or pledgee until thirty days after there has actually been delivered to him a certified or duplicate original copy of the act evidencing the transfer or assignment or proper evidence of the cancellation of the mortgage or pledge from the mortgage records. Any payments made to the mortgagee or pledgee whose rights have been transferred or terminated shall discharge the person paying them in the amount thereof. The mortgagee or pledgee shall hold any amounts so paid for the account of the person properly entitled to receive them.
Acts 1974, No. 50, §205, eff. Jan. 1, 1975.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 31:205
What does Louisiana Civil Code § RS 31:205 cover?
Section RS 31:205 ("When transfer, assignment, or termination of mortgage or pledge effective against parties dealing with mortgagee or pledgee") is part of the Louisiana Civil Code, the codified statutory law of Louisiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Louisiana § RS 31:205?
A common citation format is "Louisiana Civil Code § RS 31:205" (Louisiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Louisiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Louisiana official source linked on this page or consult a licensed Louisiana attorney.
How does Louisiana § RS 31:205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Louisiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Louisiana.