Art. 3148. Pledge securing an obligation of another person
A person may pledge his property to secure an obligation of another person. In such
a case, the pledgor may assert against the pledgee any defense that the obligor could assert
except lack of capacity or discharge in bankruptcy of the obligor. The pledgor may also
assert any other defenses available to a surety.
Acts 2014, No. 281, §1, eff. Jan. 1, 2015.