R.S. 9:2144

Income and principal distinguished ACTIVE

Receipts paid or delivered in return for the use of property forming a part of principal are income, unless this Subpart expressly provides to the contrary.

Receipts paid or delivered in consideration for the sale or other transfer of property forming a part of principal or as the replacement of property forming a part of principal are principal unless this Subpart expressly provides to the contrary.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 2020, No. 17, §1, eff. Jan. 1, 2021

Section navigation

Cite R.S. 9:2144

Bluebook
La. Rev. Stat. Ann. § 9:2144 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-2144
BibTeX
@misc{larevstat-9-2144,
  title        = {La. Rev. Stat. Ann. § 9:2144},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-2144},
  note         = {Snapshot 2026-05-22}
}