Security and Pledge – Property that may be the object of pledge

Security and Pledge – Property that may be the object of pledge

Art.3142. Property susceptible of pledge. The only things that may be pledged are the following:

(1) A movable that is not susceptible of encumbrance by security interest

(2) The lessor’s rights in the lease of an immovable and its rents

(3) Things made susceptible to pledge by law.