La. Civ. Code art. 1333
This is the official text of La. Civ. Code art. 1333, part of Louisiana’s Civil Code — louisiana's civil law tradition codifies persons, property, obligations, and family relations here rather than in a separate statutory code.
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Election to collate by taking less; failure to elect.
Official statutory text
But if the donee declare that he will not return the immovable property which has been given him, but will take his share in the effects of the succession, after deducting the value of such immovable property, or if he permits the term, granted to him to make his decision, to expire, without deciding on the manner in which he will make his collation, he shall lose the right of returning this property in kind.
Status: in_force · Read it on the official government site
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