Dissolution for nonfulfillment of suspensive condition or for occurrence of resolutory condition

La. Civ. Code art. 1562

La. Civ. Code art. 1562

Art. 1562. Dissolution for nonfulfillment of suspensive condition or for occurrence of resolutory condition If a donation is subject to a suspensive condition, the donation is dissolved of right when the condition can no longer be fulfilled. If a donation is subject to a resolutory condition, the occurrence of the condition does not of right operate a dissolution of the donation. It may be dissolved only by consent of the parties or by judicial decree. Acts 2008, No. 204, §1, eff. Jan. 1, 2009.