The receipts and expenses of a sole proprietorship shall be allocated in accordance with what is reasonable and equitable in view of the interests of those entitled to income as well as of those entitled to principal.
R.S. 9:2151 active rs title
Sole proprietorship ACTIVE
Actions
References
None.
Cited by
None.
History
- enactment Acts 2020, No. 17, §1, eff. Jan. 1, 2021