CC 3292 - Mortgage of future property permitted in certain cases
Art. 3292. Mortgage of future property permitted in certain cases
A special mortgage given over property the mortgagor does not own is established when the property is acquired by the mortgagor. A general conventional mortgage is permitted only when expressly provided by law.
Acts 1991, No. 652, §1, eff. Jan. 1, 1992.