Usufruct
R.S. 9:2031

Delegation of right to modify ACTIVE

A. A trust instrument may authorize a person who is in being on the date of the creation of the trust to modify the provisions of the trust instrument in order to add or remove beneficiaries, or modify their rights, if all of the affected beneficiaries are descendants of the person given the power to modify. A beneficiary added pursuant to this Section may be a person who is not in being when the trust is created, provided the individual is in being at the time the power to add is exercised.

B. As to a class trust, a trust instrument may authorize a person who is in being on the date of the creation of the trust, or a person who is not yet in being but is a member of the class, to modify the provisions of the trust instrument in order to remove beneficiaries or modify their rights or add only those beneficiaries included within the scope of R.S. 9:1891, if all of the affected beneficiaries are descendants of the person given the power to modify.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

History

  • enactment Acts 2010, No. 390, §1
  • amendment Acts 2015, No. 219, §1

Section navigation

Cite R.S. 9:2031

Bluebook
La. Rev. Stat. Ann. § 9:2031 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-2031
BibTeX
@misc{larevstat-9-2031,
  title        = {La. Rev. Stat. Ann. § 9:2031},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-2031},
  note         = {Snapshot 2026-05-22}
}