La. Rev. Stat. § 9:1951
This is the official text of La. Rev. Stat. § 9:1951, 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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General rule
Official statutory text
A trust may be created for mixed private and charitable purposes. The dispositive provisions of such a trust in favor of private beneficiaries are governed by the provisions of this Code; those in favor of charitable beneficiaries are governed by Parts I through IV of Chapter 2 of Code Title II of Code Book III of this Title. As long as there remains a private beneficiary, the trust shall be administered in accordance with the provisions of this Code.
Amended by Acts 1972, No. 659, §1; Acts 2012, No. 742, §1.
Amended by Acts 1972, No. 659, §1; Acts 2012, No. 742, §1.
Status: in_force · Read it on the official government site
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