Usufruct
Article 1416

Liability of universal successors to creditors ACTIVE

A. Universal successors are liable to creditors for the payment of the estate debts in proportion to the part which each has in the succession, but each is liable only to the extent of the value of the property received by him, valued as of the time of receipt.

B. A creditor has no action for payment of an estate debt against a universal successor who has not received property of the estate.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1997, No. 1421, §1, eff. July 1, 1999
  • amendment Acts 2001, No. 824, §1

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Cite Article 1416

Bluebook
La. Civ. Code art. 1416 (2026).
Permalink
https://theusufruct.com/cc/1416
BibTeX
@misc{lacivcode-art-1416,
  title        = {La. Civ. Code art. 1416},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/1416},
  note         = {Snapshot 2026-05-22}
}