La. Civ. Code art. 3220

Current with operative changes from the 2024 Third Special Legislative Session
Section 3220 - Privilege of pledgee

The creditor acquires the right of possessing and retaining the movable which he has received in pledge, as a security for his debt, and may cause it to be sold for the payment of the same.

Hence proceeds the privilege which he enjoys on the thing.

La. C.C. § 3220