Annuity for life or time period

La. Civ. Code art. 2781

La. Civ. Code art. 2781

Art. 2781. Annuity for life or time period The payments under an annuity contract may be for the lifetime of a designated natural person, or, alternatively, for a period of time. Acts 2012, No. 258, §1, eff. Jan. 1, 2013.