Usufruct
Article 1423

Decedent's debts charged ratably ACTIVE

Debts of the decedent are charged ratably to property that is the object of general or universal legacies and to property that devolves by intestacy, valued as of the date of death. When such property does not suffice, the debts remaining are charged in the following order:

(1) Ratably to the fruits and products of property that is the object of general or universal legacies and of property that devolves by intestacy; and

(2) Ratably to the fruits and products of property that is the object of particular legacies, and then ratably to such property.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

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History

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

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Cite Article 1423

Bluebook
La. Civ. Code art. 1423 (2026).
Permalink
https://theusufruct.com/cc/1423
BibTeX
@misc{lacivcode-art-1423,
  title        = {La. Civ. Code art. 1423},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/1423},
  note         = {Snapshot 2026-05-22}
}