No immovable property shall be sold by public auction without the production and reading by the auctioneer of a certificate of mortgages and encumbrances against the property offered. No such certificate is necessary in extrajudicial sales.
La. R.S. 37:3128
Production of mortgage certificates
Known as the Auctioneers Licensing Law
The act spans §§ 37–37 (53 sections).
Acts 1986, No. 564, §4, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.