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      CC 3166     

  

Art. 3166. Modification as default by pledgor

            The pledgor and pledgee may agree that a modification or termination of the contract from which a pledged obligation of a third person arises, or the substitution of a new contract, is a default by the pledgor.

            Acts 2014, No. 281, §1, eff. Jan. 1, 2015.




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