R.S. 9:2004

Seizure by creditor; general rule ACTIVE

A creditor may seize only:

(1) An interest in income or principal that is subject to voluntary alienation by a beneficiary.

(2) A beneficiary's interest in income and principal, to the extent that the beneficiary has donated property to the trust, directly or indirectly. A beneficiary will not be deemed to have donated property to a trust merely because he fails to exercise a right of withdrawal from the trust.

Actions

References

None.

Cited by

History

  • enactment Acts 1985, No. 581, §1
  • amendment Acts 1987, No. 246, §1, eff. July 3, 1987
  • amendment Acts 1997, No. 253, §1
  • amendment Acts 2010, No. 390, §1

Section navigation

Cite R.S. 9:2004

Bluebook
La. Rev. Stat. Ann. § 9:2004 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-2004
BibTeX
@misc{larevstat-9-2004,
  title        = {La. Rev. Stat. Ann. § 9:2004},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-2004},
  note         = {Snapshot 2026-05-22}
}