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Home » US Law » 2022 Louisiana Laws » Civil Code » SECTION 3--OF THE PRIVILEGE ON SHIPS AND MERCHANDISE » Art. 3240. Privilege on price of adjudication in case of forced sale.

Art. 3240. Privilege on price of adjudication in case of forced sale.

When the sale was a forced one, the right of the purchaser to the property becomes irrevocable; he owes only the price of adjudication, and over it the creditors exercise their privilege, in the order above prescribed.