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Code · Louisiana · Louisiana Revised Statutes

CC 624

118 words·~1 min read·/la/624-2

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CC 624
Art. 624. Security to prevent termination
In the cases covered by the preceding Article, the court may decree termination of the usufruct or decree that the property be delivered to the naked owner on the condition that he shall pay to the usufructuary a reasonable annuity until the end of the usufruct. The amount of the annuity shall be based on the value of the usufruct.
The usufructuary may prevent termination of the usufruct or delivery of the property to the naked owner by giving security to insure that he will take appropriate corrective measures within a period fixed by the court.
Acts 1976, No. 103, §1; Acts 2010, No. 881, §1, eff. July 2, 2010.
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