Usufruct
R.S. 9:2153

Timber ACTIVE

A. If part of the principal consists of land from which timber may be removed, the receipts from taking the timber from the land 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.

B. An allocation of a receipt under this Section is presumed to be reasonable and equitable if ninety percent is allocated to principal and ten percent to income. Any other allocation shall not be presumed to be unreasonable or inequitable.

Actions

JSON Markdown Source (legis.la.gov)

References

None.

Cited by

None.

History

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

Section navigation

Cite R.S. 9:2153

Bluebook
La. Rev. Stat. Ann. § 9:2153 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-2153
BibTeX
@misc{larevstat-9-2153,
  title        = {La. Rev. Stat. Ann. § 9:2153},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-2153},
  note         = {Snapshot 2026-05-22}
}