Ownership in indivision; definition

La. Civ. Code art. 797

La. Civ. Code art. 797

Art. 797. Ownership in indivision; definition Ownership of the same thing by two or more persons is ownership in indivision. In the absence of other provisions of law or juridical act, the shares of all co-owners are presumed to be equal. Acts 1990, No. 990, §1, eff. Jan. 1, 1991.