---
urn: urn:us-la:rs:9:2273
citation: "R.S. 9:2273"
status: active
breadcrumb: "Title 9 › Code Preliminary Title › Code Book III › Code Title II › Chapter 2 › Part I"
acts_citations:
  - { year: 2003, number: 480, section: 1, effective_date: null, role: enactment }
  - { year: 2008, number: 637, section: 1, effective_date: 2009-01-01, role: amendment }
---

# Who may be trustee

Only the following persons may serve as a trustee of a trust established by this Part:

(1) A natural person enjoying full capacity to contract who is a citizen or resident alien of the United States.

(2) A federally insured depository institution organized under the laws of Louisiana, another state, or of the United States, or a financial institution or trust company authorized to exercise trust or fiduciary powers under the laws of Louisiana or of the United States.