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Code · Louisiana · Louisiana Revised Statutes

CC 1526

80 words·~1 min read·/la/1526-2

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CC 1526
CHAPTER 5. DONATIONS INTER VIVOS
SECTION 1. GENERAL DISPOSITIONS
Art. 1526. Onerous donation
The rules peculiar to donations inter vivos do not apply to a donation that is burdened with an obligation imposed on the donee that results in a material advantage to the donor, unless at the time of the donation the cost of performing the obligation is less than two-thirds of the value of the thing donated.
Acts 2008, No. 204, §1, eff. Jan. 1, 2009.
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