The interest of a substitute beneficiary may be conditioned upon his surviving the principal beneficiary. The trust instrument may provide for one or more alternative substitute beneficiaries if a substitute beneficiary does not survive the principal beneficiary.
R.S. 9:1974 active rs title
Substitute beneficiary's interest may be conditional ACTIVE
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References
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Cited by
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History
- enactment Acts 1974, No. 160, §1