CC 2782
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/la/2782A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 2782
Art. 2782. Termination of annuity; absence of a designated term
In the absence of a designated term, an annuity established in favor of a natural person terminates upon the death of that person, but one in favor of a juridical person is without effect.
Acts 2012, No. 258, §1, eff. Jan. 1, 2013.