A beneficiary may refuse all or any part of an interest in trust. The designation of the person in whose favor the refusal is to operate constitutes acceptance, but such a designation is subject to any restraint placed upon alienation by the trust instrument.
R.S. 9:1988 active rs title
Partial refusal; refusal in another's favor ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 1983, No. 79, §1