Rights of secured parties
- Statute:
- Louisiana §9:1141.16 · Part PCA (Louisiana Planned Community Act (La. R.S. 9:1141.1 to 9:1141.50))
- Topic:
- Governing Documents · Lenders
- Applies to:
- HOA associations
The declaration may require specified owner or association actions to be approved by lot lenders or association creditors, but that approval right may not take over general administration or (except as this section allows) the power to set assessments.
📄 Read the official text at legis.la.gov →
How SoShiny helps with Rights of secured parties
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does Louisiana §9:1141.16 require?
- The declaration may require specified owner or association actions to be approved by lot lenders or association creditors, but that approval right may not take over general administration or (except as this section allows) the power to set assessments.
- Who does Louisiana §9:1141.16 apply to?
- Louisiana §9:1141.16 applies to HOA associations in Louisiana.
- What happens if our HOA doesn't comply with §9:1141.16?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Louisiana community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Louisiana §9:1141.16?
- The official text is published by the Louisiana State Legislature at legis.la.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Rights of secured parties?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of Louisiana §9:1141.16 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Louisiana-licensed attorney. For the official statutory text, see the link above.
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