Usufruct
R.S. 9:169

Election to take payment or delivery ACTIVE

A. The administrator may decline to receive property reported under this Chapter that the administrator considers to have a value less than the expenses of notice and sale.

B. A holder, with the written consent of the administrator and upon conditions and terms prescribed by the administrator, may report and deliver property before the property is presumed abandoned. Property so delivered shall be held by the administrator and is not presumed abandoned until it otherwise would be presumed abandoned under this Chapter.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

  • enactment Acts 1986, No. 829, §1, eff. July 10, 1986
  • amendment Acts 1992, No. 74, §1, eff. June 5, 1992
  • amendment Acts 1997, No. 809, §1, eff. July 10, 1997

Section navigation

Cite R.S. 9:169

Bluebook
La. Rev. Stat. Ann. § 9:169 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-169
BibTeX
@misc{larevstat-9-169,
  title        = {La. Rev. Stat. Ann. § 9:169},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-169},
  note         = {Snapshot 2026-05-22}
}