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Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:1971

55 words·~1 min read·/la/title-9/9-333

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RS 9:1971
SUBPART B. THE INTEREST OF THE PRINCIPAL BENEFICIARY
§1971. Time of acquisition of interest
The interest of a principal beneficiary is acquired immediately upon the creation of a trust, subject to the exceptions provided in this Code and in Civil Code Article 1521.
Acts 1995, No. 413, §1; Acts 2010, No. 390, §1.
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