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Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:2193

58 words·~1 min read·/la/title-9/9-464

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RS 9:2193
§2193. Liability of beneficiary
If the trust estate is not sufficient to indemnify a trustee for expenses properly incurred by him in the administration of a trust, a beneficiary shall be personally liable only if the trustee can show an express or implied contract between that beneficiary and himself that would entitle the trustee to indemnity.
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