A trustee may sell trust property unless the sale is forbidden in specific words by the trust instrument or unless it appears from the provisions of the trust instrument that the property is to be retained in kind. A settlor by the provisions of the trust instrument cannot forbid a sale of immovable property for a period beyond fifteen years from his death.
R.S. 9:2119 active rs title
Sale of trust property ACTIVE
Actions
References
None.
Cited by
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History
No legislative history recorded.