Usufruct
R.S. 6:1257

Payment on legal disability or death of holder in holder's own right of a withdrawable account ACTIVE

A. If the holder of a withdrawable account is adjudicated to be a person under legal interdiction by a court of competent jurisdiction, then the savings bank may pay the value of such withdrawable account and interest thereon to the curator of such holder upon his appointment and qualification, in accordance with R.S. 6:766.

B. Upon the death of a holder of a withdrawable account, the savings bank may pay the value thereof and interest thereon to the representative of such deceased holder if and when qualified, in the manner provided in this Chapter for the voluntary withdrawal of accounts generally, and in accordance with R.S. 6:767.

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JSON Markdown Source (legis.la.gov)

References

Cited by

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History

  • enactment Acts 1990, No. 816, §1, eff. Sept. 1, 1990

Section navigation

Cite R.S. 6:1257

Bluebook
La. Rev. Stat. Ann. § 6:1257 (2026).
Permalink
https://theusufruct.com/rs/title-6/section-1257
BibTeX
@misc{larevstat-6-1257,
  title        = {La. Rev. Stat. Ann. § 6:1257},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-6/section-1257},
  note         = {Snapshot 2026-05-22}
}