CC 2787
76 words·~1 min read·
/la/2787A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 2787
CHAPTER 2. ANNUITY CHARGE
Art. 2787. Annuity charge
An annuity contract transferring an immovable may provide for the establishment of a charge on the immovable for the periodic payments due under the contract. In such a case, the recipient in whose favor the annuity was established acquires a real right for periodic payments. The establishment of the annuity charge must be express and in writing.
Acts 2012, No. 258, §1, eff. Jan. 1, 2013.