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La. Rev. Stat. § 9:5538 (2026)

Relation to Chapter 9 of the Louisiana Commercial Laws

✓ laws through the 2025 Regular Session (checked Sept. 2026)
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§5538.  Relation to Chapter 9 of the Louisiana Commercial Laws

A.  This Chapter shall apply to Louisiana ship mortgages that were entered into prior to the time Chapter 9 of the Louisiana Commercial Laws (R.S. 10:9-101, et seq.) became effective, including without limitation those continuing mortgages that affect a property acquired after the effective date and those mortgages that may secure future obligations, lines of credit and other ongoing credit facilities.

B.  The provisions of R.S. 9:5522, 5523, 5524, 5525, 5531, 5532, 5533, and 5534 shall continue to apply to the security interests and agreements concerning ships under construction that are entered into under Chapter 9 of the Louisiana Commercial Laws.

Acts 1989, No. 137, §7, eff. Sept. 1, 1989.

Notes of Decisions
Cited in 1 case, 1995–1995 · leading case: First Nat. Bank v. Beckwith Mach. Co., 650 So. 2d 1148 (La. 1995).
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First Nat. Bank v. Beckwith Mach. Co., 650 So. 2d 1148 (La. 1995). · cites it 4× “R.S. 9:5538 in conjunction with the enactment of Louisiana's Chapter 9, the legislature explicitly provided for the priority of this privilege over a Chapter 9 security interest.”
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