{
  "urn": "urn:us-la:civcode:art:552",
  "article_number": "552",
  "heading": "Corporate distributions.",
  "text": "A cash dividend declared during the existence of the usufruct belongs to the usufructuary. A liquidation dividend or a stock redemption payment belongs to the naked owner subject to the usufruct.\n\nStock dividends and stock splits declared during the existence of the usufruct belong to the naked owner subject to the usufruct.\n\nA stock warrant and a subscription right declared during the existence of the usufruct belong to the naked owner free of the usufruct.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "book",
      "number": "II",
      "name": "Things and the Different Modifications of Ownership"
    },
    {
      "level": "title",
      "number": "III",
      "name": "Personal Servitudes"
    },
    {
      "level": "chapter",
      "number": "2",
      "name": "Usufruct"
    },
    {
      "level": "section",
      "number": "2",
      "name": "Rights of the Usufructuary"
    }
  ],
  "breadcrumb": "Book II › Title III › Chapter 2 › Section 2",
  "acts_citations": [
    {
      "act_year": 1976,
      "act_number": 103,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    }
  ],
  "acts_citations_raw": "Acts 1976, No. 103, §1.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=110740",
  "website_law_id": 110740,
  "scrape_timestamp": "2026-05-20T14:04:42Z",
  "source_html_hash": "sha256:1370b9d65f6a68a7238c093177a67499ab2446b5dee6a5da74a20ca0055ac178",
  "schema_version": "1.0.0"
}