CC 573
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/la/573A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CC 573
Art. 573. Dispensation of security
A. Security is dispensed with when any of the following occur:
(1)A person has a legal usufruct under Article 223 or 3252.
(2)A surviving spouse has a legal usufruct under Article 890 unless the naked owner is not a child of the usufructuary or if the naked owner is a child of the usufructuary and is also a forced heir of the decedent, the naked owner may obtain security but only to the extent of his legitime.
(3)A parent has a legal usufruct under Article 891 unless the naked owner is not a child of the usufructuary.
(4)A surviving spouse has a legal usufruct under Article 2434 unless the naked owner is a child of the decedent but not a child of the usufructuary.
B. A seller or donor of property under reservation of usufruct is not required to give security.
Acts 1976, No. 103, §1; Acts 2004, No. 158, §1; Acts 2010, No. 881, §1, eff. July 2, 2010.