If the lessee does not obtain the release of the sequestered leased property within ten days of its seizure, the court may permit its release to the lessor, without his furnishing additional security unless application for such additional security is made by the lessee and the court finds such additional security to be necessary.
La. R.S. 9:3328
Release of sequestered property to lessor
Known as the Louisiana Lease of Movables Act
The act spans §§ 9–9 (43 sections).
Acts 1985, No. 592, §1, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.