Art. 3358. Duration of recordation of certain mortgages, pledges, and privileges
If an instrument creating a mortgage or pledge or evidencing a privilege describes the
maturity of any obligation secured by the mortgage, pledge, or privilege and if any part of the
described obligation matures nine years or more after the date of the instrument, the effect
of recordation ceases six years after the latest maturity date described in the instrument.
Acts 2005, No. 169, §1, eff. Jan. 1, 2006; Acts 2005, 1st Ex. Sess., No. 13, §1, eff.
Nov. 29, 2005; Acts 2014, No. 281, §1, eff. Jan. 1, 2015.
NOTE: Acts 2005, 1st Ex. Sess., No. 13, §1, changed the effective date of
Acts 2005, No. 169, to July 1, 2006.