La. Civ. Code art. 573
This is the official text of La. Civ. Code art. 573, 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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Dispensation of security
Official statutory text
A. Security is dispensed with when any of the following occur:
(1) A person has a legal usufruct under Article 223 or 3252.
(2) A surviving spouse has a legal usufruct under Article 890 unless the naked owner is not a child of the usufructuary or if the naked owner is a child of the usufructuary and is also a forced heir of the decedent, the naked owner may obtain security but only to the extent of his legitime.
(3) A parent has a legal usufruct under Article 891 unless the naked owner is not a child of the usufructuary.
(4) A surviving spouse has a legal usufruct under Article 2434 unless the naked owner is a child of the decedent but not a child of the usufructuary.
B. A seller or donor of property under reservation of usufruct is not required to give security.
Acts 1976, No. 103, §1; Acts 2004, No. 158, §1; Acts 2010, No. 881, §1, eff. July 2, 2010.
(1) A person has a legal usufruct under Article 223 or 3252.
(2) A surviving spouse has a legal usufruct under Article 890 unless the naked owner is not a child of the usufructuary or if the naked owner is a child of the usufructuary and is also a forced heir of the decedent, the naked owner may obtain security but only to the extent of his legitime.
(3) A parent has a legal usufruct under Article 891 unless the naked owner is not a child of the usufructuary.
(4) A surviving spouse has a legal usufruct under Article 2434 unless the naked owner is a child of the decedent but not a child of the usufructuary.
B. A seller or donor of property under reservation of usufruct is not required to give security.
Acts 1976, No. 103, §1; Acts 2004, No. 158, §1; Acts 2010, No. 881, §1, eff. July 2, 2010.
Status: in_force · Read it on the official government site
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