Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:2171

77 words·~1 min read·/la/title-9/9-457

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 9:2171

SUBPART G. THE TRUSTEE'S BOND

§2171. Individual and corporate trustees

An individual trustee shall furnish security for the faithful performance of his duties, unless the trust instrument dispenses with security. A corporate trustee need not furnish security unless security is required by the trust instrument.

The amount and type of security shall be approved by the proper court if not provided for in the trust instrument.

Acts 2020, No. 17, §4, eff. Jan. 1, 2021.