In the absence of a designated term, an annuity established in favor of a natural person terminates upon the death of that person, but one in favor of a juridical person is without effect.
Article 2782 active cc book
Termination of annuity; absence of a designated term ACTIVE
Actions
References
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Cited by
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History
- enactment Acts 2012, No. 258, §1, eff. Jan. 1, 2013