Usufruct
Article 2785

Annuity contract in favor of several recipients of payments ACTIVE

An annuity contract may be established in favor of several natural persons, whether in divided shares or in indivision. When an annuity contract is established for the lifetimes of several recipients of payments in indivision, the termination of the interest of a recipient inures to the benefit of those remaining unless the annuity contract expressly provides otherwise.

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JSON Markdown Source (legis.la.gov)

References

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Cited by

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History

  • enactment Acts 2012, No. 258, §1, eff. Jan. 1, 2013

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Cite Article 2785

Bluebook
La. Civ. Code art. 2785 (2026).
Permalink
https://theusufruct.com/cc/2785
BibTeX
@misc{lacivcode-art-2785,
  title        = {La. Civ. Code art. 2785},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2785},
  note         = {Snapshot 2026-05-22}
}