La. Rev. Stat. § 9:1896
This is the official text of La. Rev. Stat. § 9:1896, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Closing of the class
Official statutory text
The trust instrument may state a date or a method for defining a date on which the class shall close. Unless the trust instrument provides otherwise, the class shall close when, because of the definition of the class, members may no longer be added to it.
Amended by Acts 1978, No. 706, §1.
Amended by Acts 1978, No. 706, §1.
Status: in_force · Read it on the official government site
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