CHAPTER 3. CONVENTIONAL SEQUESTRATION Art. 2946. Conventional sequestration; definition Conventional sequestration takes place when two or more persons by agreement deliver to a depositary a thing, movable or immovable, the rights to which are disputed or uncertain. In that case, the depositary is bound to deliver the thing according to their agreement or according to […]
Art. 2947. Applicable law Conventional sequestration is governed by the rules applicable to deposit, to the extent that their application is compatible with the nature of conventional sequestration. Acts 2003, No. 491, §1, eff. Jan. 1, 2004.
Art. 2948. Termination of conventional sequestration by the depositary The depositary may terminate the conventional sequestration unilaterally only if he is unable to perform his obligations. He is bound to deliver the thing to the successor depositary agreed upon by the parties and, when the parties cannot agree, he must apply to the court for […]
