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Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:1981

60 words·~1 min read·/la/title-9/9-341

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RS 9:1981
SUBPART C. REFUSAL
§1981. General Rule
A beneficiary, whether of principal or income, may refuse an interest at any time after creation of the trust, provided he does so before accepting any benefit under the trust. A person incapable of contracting cannot refuse an interest in trust, but his representative may refuse for him. The refusal is irrevocable.
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