§ Art. 2632 Act importing a confession of judgment

Codes > Louisiana Code of Civil Procedure > Book I > Title II : Chapter 1 > Art. 2632

Art. 2632. Act importing a confession of judgment

    An act evidencing a mortgage or privilege imports a confession of judgment when the obligor therein acknowledges the obligation secured thereby, whether then existing or to arise thereafter, and confesses judgment thereon if the obligation is not paid at maturity.