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Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:2194

74 words·~1 min read·/la/title-9/9-465

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RS 9:2194
§2194. Charge on beneficiary's interest
If a beneficiary is liable to a trustee as such, his interest in the trust estate is subject to a charge for the amount of his liability; but a trustee is not entitled to a charge on a beneficiary's interest in the trust estate to secure a beneficiary's liability not connected with the administration of the trust, unless the beneficiary contracts to give him such a charge.
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