Louisiana Revised Statutes & Codes

La. Rev. Stat. § 9:4866 (2026)

Extinction as to movable property

✓ laws through the 2025 Regular Session (checked Sept. 2026)
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§4866.  Extinction as to movable property

A privilege, if not otherwise extinguished, is extinguished as to movable property other than hydrocarbons, the obligations and proceeds derived from the disposition of hydrocarbons, and drilling or other rigs, when the property is transferred by an onerous transaction to a third person who is in good faith and it is removed from the well site.

Amended by Acts 1960, No. 31, §1; eff. Jan. 1, 1961; Acts 1995, No. 962, §1.

Notes of Decisions
Cited in 3 cases, 1968–1995 · leading case: Guichard Drilling Co. v. Alpine Energy Serv., Inc., 657 So. 2d 1307 (La. 1995).
Guichard Drilling Co. v. Alpine Energy Serv., Inc., 657 So. 2d 1307 (La. 1995). “R.S. 9:4866, though he is not required to enforce the privilege via the writ of sequestration.”
Frank's Casing Crew & Rental Tools, Inc. v. Carthay Land Co., 212 So. 2d 161 (La. Ct. App. 1968). · cites it 2× “” The enforcement of the privilege may be effected by writ of sequestration without having to furnish security by R.S. 9:4866. “§ 4866. Enforcement of privilege “Any creditor whose claim is secured by the privilege granted under R.”
Guichard Drilling Co. v. Alpine Energy Servs., Inc., 635 So. 2d 1312 (La. Ct. App. 1994). “R.S. 9:4866 provides that a claimant may enforce his lien by writ of sequestration.”
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