Louisiana § RS 9:5302 - Fiduciary as mortgagee in trust for creditors
Full text of Louisiana Louisiana Civil Code § RS 9:5302 — Fiduciary as mortgagee in trust for creditors, with citation guidance and answers to common questions.
§ RS 9:5302. Fiduciary as mortgagee in trust for creditors
A fiduciary for the holders of the obligations secured by the mortgage may be named in the act as mortgagee in trust for the benefit of the creditors. He shall be irrevocably appointed special attorney-in-fact for the holders of the obligations and vested with full power in their behalf to effect and enforce the mortgage for their benefit.
Source: official Louisiana text · Last verified 2026-08-27
Frequently Asked Questions About Louisiana § RS 9:5302
What does Louisiana Civil Code § RS 9:5302 cover?
Section RS 9:5302 ("Fiduciary as mortgagee in trust for creditors") 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 9:5302?
A common citation format is "Louisiana Civil Code § RS 9:5302" (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 9:5302 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.