---
urn: "urn:us-la:civcode:art:2785"
article_number: "2785"
status: active
heading: "Annuity contract in favor of several recipients of payments"
breadcrumb: "Book III › Title X › Chapter 1"
source_url: "https://legis.la.gov/legis/Law.aspx?d=109851"
acts_citations_raw: "Acts 2012, No. 258, §1, eff. Jan. 1, 2013."
acts_citations:
  - act_year: 2012
    act_number: 258
    section: 1
    effective_date: 2013-01-01
    role: enactment
schema_version: "1.0.0"
---

# Art. 2785. Annuity contract in favor of several recipients of payments

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.