Usufruct
R.S. 9:1831

Limitations upon stipulated term ACTIVE

If the trust instrument stipulates a term and unless an earlier termination is required by the trust instrument, or by the proper court, a trust shall terminate at:

(1) The death of the last surviving income beneficiary or the expiration of twenty years from the death of the settlor last to die, whichever last occurs, if at least one settlor and one income beneficiary are natural persons;

(2) The death of the last surviving income beneficiary or the expiration of twenty years from the creation of the trust, whichever last occurs, if none of the settlors is a natural person but at least one income beneficiary is a natural person;

(3) The expiration of twenty years from the death of the settlor last to die, if at least one settlor is a natural person but none of the income beneficiaries is a natural person;

(4) The expiration of fifty years from the creation of the trust, if none of the settlors and none of the income beneficiaries is a natural person.

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JSON Markdown Source (legis.la.gov)

References

None.

Cited by

History

  • enactment Acts 1968, No. 132, §1
  • amendment Acts 1987, No. 164, §1, eff. Aug. 1, 1987

Section navigation

Cite R.S. 9:1831

Bluebook
La. Rev. Stat. Ann. § 9:1831 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-1831
BibTeX
@misc{larevstat-9-1831,
  title        = {La. Rev. Stat. Ann. § 9:1831},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-1831},
  note         = {Snapshot 2026-05-22}
}