Art. 2787. Annuity charge An annuity contract transferring an immovable may provide for the establishment of a charge on the immovable for the periodic payments due under the contract. In such a case, the recipient in whose favor the annuity was established acquires a real right for periodic payments. The establishment of the annuity charge must be express and in writing. Acts 2012, No. 258, §1, eff. Jan. 1, 2013.
Annuity charge
La. Civ. Code art. 2787
La. Civ. Code art. 2787