38. Notwithstanding the provisions of article 2042 of the Civil Code, if a company mentioned in section 35 be concerned, the hypothec created on the immoveable property of such company shall be valid and shall have full and entire effect although the deed does not specially describe the hypothecated immoveable, with mention of the properties conterminous thereto, and under the number given to the immoveable in the cadastral plan and book of reference.
R. S. 1964, c. 275, s. 33.