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La. Rev. Stat. § 9:2337.2 Definitions
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§2337.2. Definitions For the purposes of this Part, the following terms shall have the meanings ascribed to them, unless the context clearly indicates otherwise: (1) "Charitable purpose" means the relief of poverty, the advancement of education or religion, the promotion of healt…
La. Rev. Stat. § 9:2337.3 Standard of conduct in managing and investing institutional fund
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§2337.3. Standard of conduct in managing and investing institutional fund A. Subject to the intent of a donor expressed in a gift instrument, an institution, in managing and investing an institutional fund, shall consider the charitable purposes of the institution and the purpose…
La. Rev. Stat. § 9:2337.4 Appropriation for expenditure or accumulation of endowment fund; rules of construction
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§2337.4. Appropriation for expenditure or accumulation of endowment fund; rules of construction A. Subject to the intent of a donor expressed in the gift instrument, an institution may appropriate for expenditure or accumulate so much of an endowment fund as the institution deter…
La. Rev. Stat. § 9:2337.5 Delegation of management and investment functions
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§2337.5. Delegation of management and investment functions A. Subject to any specific limitation set forth in a gift instrument or in law other than this Part, an institution may delegate to an external agent the management and investment of an institutional fund to the extent th…
La. Rev. Stat. § 9:2337.6 Release or modification of restrictions on management, investment, or purpose
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§2337.6. Release or modification of restrictions on management, investment, or purpose A. If the donor consents in a record, an institution may release or modify, in whole or in part, a restriction contained in a gift instrument on the management, investment, or purpose of an ins…
La. Rev. Stat. § 9:2337.7 Reviewing compliance
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§2337.7. Reviewing compliance Compliance with this Part is determined in light of the facts and circumstances existing at the time a decision is made or action is taken, and not by hindsight. Added by Acts 1976, No. 410, §1; Acts 2010, No. 168, §1, eff. July 1, 2010.
La. Rev. Stat. § 9:2337.8 Application to existing institutional funds
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§2337.8. Application to existing institutional funds This Part applies to institutional funds existing on or established after July 1, 2010. As applied to institutional funds existing on the effective date of this Act,* this Part governs only decisions made or actions taken on or…
La. Rev. Stat. § 9:2337.9 Relation to Electronic Signatures in Global and National Commerce Act
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§2337.9. Relation to Electronic Signatures in Global and National Commerce Act This Part modifies, limits, and supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Section 7001 et seq., but does not modify, limit, or supersede Section 101(c) of that…
La. Rev. Stat. § 9:234 Time and date; indication of covenant marriage
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§234. Time and date; indication of covenant marriage A. The official who issues the marriage license shall show on the face of it the exact time and date of issuance. B. The official shall also indicate on the marriage license whether the parties intend to enter into a covenant m…
La. Rev. Stat. § 9:2341 Public trusts authorized; purposes
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§2341. Public trusts authorized; purposes A. Express trusts may be created or amended to issue obligations and to provide funds for the furtherance and accomplishment of any authorized public function or purpose of the state or of any parish, municipality, political or government…
La. Rev. Stat. § 9:2342 Mode of creation; acceptance of beneficial interest; amendments
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§2342. Mode of creation; acceptance of beneficial interest; amendments A. Such trusts shall be created, organized, structured and empowered by written instruments or by will. In the case of written instruments, the same shall be subscribed by the settlor or settlors by authentic …
La. Rev. Stat. § 9:2343 Trustees; appointment; powers; duties; term of office; compliance with
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§2343. Trustees; appointment; powers; duties; term of office; compliance with Public Bid Law, Public Meetings Law, and Public Records Law; legislative oversight A.(1) Every person becoming a trustee of a public trust shall be subject to the provisions of R.S. 14:138 and 140 and f…
La. Rev. Stat. § 9:2344 Liability of trustees and beneficiary
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§2344. Liability of trustees and beneficiary A. No trustee or beneficiary shall be charged personally with any liability whatsoever by reason of any act or omission committed or suffered in the performance of such trust or in the operation of the trust property; but any act, liab…
La. Rev. Stat. § 9:2345 Termination of public trusts
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§2345. Termination of public trusts A. The acceptance of the beneficial interest in any public trust heretofore or hereafter created may be terminated by the beneficiary thereof at any time by the following methods, as applicable. Where the state or any state agency is the benefi…
La. Rev. Stat. § 9:2346 Audits; supervision by legislative auditor; operating budget approval
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§2346. Audits; supervision by legislative auditor; operating budget approval A. Any public trust created hereunder shall be subject to the supervision of the legislative auditor of the state of Louisiana, to the same extent as the beneficiary thereof. Should the beneficiary there…
La. Rev. Stat. § 9:2347 Bonds of public trust
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§2347. Bonds of public trust A. To provide funds for and to fulfill and achieve its authorized public functions or purposes, a public trust may incur debt and issue bonds, notes or other evidences of indebtedness, hereinafter referred to collectively as "bonds" subject to the fol…
La. Rev. Stat. § 9:2348 Special charitable trust; purpose
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§2348. Special charitable trust; purpose A special charitable trust may be created when a person makes a donation inter vivos to the trust in an amount not less than fifty million dollars for purposes of improving the health and lives of the people of Louisiana and forms the trus…
La. Rev. Stat. § 9:2349 Duties and liabilities; indemnity; delegating performance
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§2349. Duties and liabilities; indemnity; delegating performance A. Subject to any limitations, restrictions, reservations in the trust, resolution of the trustees, or applicable law, the special charitable trust shall be managed by the trustees. The trustee has a fiduciary duty …
La. Rev. Stat. § 9:2349.1 Limitation on political and lobbying activities
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§2349.1. Limitation on political and lobbying activities A special charitable trust shall comply with the provisions of Section 501(c) of the Internal Revenue Code of 1986, as amended, including but not limited to restrictions on influencing legislation and participating in polit…
La. Rev. Stat. § 9:235 Valid for thirty days
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§235. Valid for thirty days A marriage license is valid for thirty days from the date of issuance. No officiant shall perform a marriage after the license has expired. Acts 1987, No. 886, §3, eff. Jan. 1, 1988.
La. Rev. Stat. § 9:2350 Indemnification of trustees, officers, employees, and agents of a special charitable
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§2350. Indemnification of trustees, officers, employees, and agents of a special charitable trust; insurance A.(1) A special charitable trust may indemnify a party to any action or proceeding, including any action by the special charitable trust, and as set forth in R.S. 9:2191 a…
La. Rev. Stat. § 9:2350.1 Indemnification of third party by special charitable trust
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§2350.1. Indemnification of third party by special charitable trust A special charitable trust may be subject to indemnification, reimbursement claims, assumption of obligations, and liabilities of another entity to incentivize donations or contributions to the special charitable…
La. Rev. Stat. § 9:2350.2 Application of other Louisiana Trust Code provisions
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§2350.2. Application of other Louisiana Trust Code provisions A. Whenever the provisions of this Chapter are silent and except as otherwise provided in this Chapter, the provisions of Chapter 2 of this Code Title shall apply, and whenever the provisions of Chapter 2 are silent, t…
La. Rev. Stat. § 9:2351 Donation irrevocable; reservation of right to revoke
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§2351. Donation irrevocable; reservation of right to revoke Every donation made after twelve o'clock noon, July 29, 1942, by a married person to his or her spouse shall be as irrevocable as if made to a stranger. However, where the donation is made by notarial act the donor may r…
La. Rev. Stat. § 9:2352 Renouncing right to revoke
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§2352. Renouncing right to revoke When the donor may revoke a donation previously made to the spouse, either because the donation was made prior to 12 o'clock noon, July 29, 1942, or because the right of revocation was reserved in the act of donation, the donor may renounce this …
La. Rev. Stat. § 9:2353 Civil Code Art
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§2353. Civil Code Art. 156 unaffected Nothing contained in R.S. 9:2351 and 9:2352 shall be construed to modify in any way the provisions of Civil Code Article 156.
La. Rev. Stat. § 9:2354 [See R.S
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§2354. [See R.S. 9:2372 and 2373, Acts 1995, No. 402, §1]
La. Rev. Stat. § 9:236 Reissuance
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§236. Reissuance A new license may be issued to the parties if they surrender the expired license to the issuing official. Acts 1988, No. 345, §1, eff. July 7, 1988; Acts 1988, No. 808, §1, eff. July 18, 1988. {{NOTE: SEE ACTS 1988, NO. 808, §3.}}
La. Rev. Stat. § 9:2361 Parent's right of usufruct
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§2361. Parent's right of usufruct No parent of a minor child shall have the right of usufruct with respect to any property acquired by such child by donation inter vivos from his or her father or mother, unless such property shall have been donated by written act executed by the …
La. Rev. Stat. § 9:237 Information on matrimonial regime and covenant marriage laws; printed summary
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§237. Information on matrimonial regime and covenant marriage laws; printed summary A. On receiving an application for a license to marry, the license-issuing officer shall deliver to each prospective spouse, either in person or by registered mail, a printed summary of the then c…
La. Rev. Stat. § 9:2371 Recordation of donations inter vivos; effect
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§2371. Recordation of donations inter vivos; effect Notwithstanding any provision of law to the contrary, a subsequent alienation or encumbrance of an immovable by a donee shall be considered an acceptance in accordance with the provisions of Civil Code Article 1544, and shall be…
La. Rev. Stat. § 9:2372 Donations inter vivos; exempt from reduction and calculation of succession mass
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§2372. Donations inter vivos; exempt from reduction and calculation of succession mass No donation inter vivos which is made at least three years prior to the death of the donor shall be subject to reduction under the provisions of Civil Code Articles 1502 through 1518, nor shall…
La. Rev. Stat. § 9:2373 Donations inter vivos to spouse of previous marriage; exemption from reduction and calculation of succession mass
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§2373. Donations inter vivos to spouse of previous marriage; exemption from reduction and calculation of succession mass No donation inter vivos made by a person to his or her spouse of a previous marriage which was made during the existence of such marriage shall be subject to r…
La. Rev. Stat. § 9:2374 Forced heirs; disability; forced portion; limitations; net worth
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§2374. Forced heirs; disability; forced portion; limitations; net worth Notwithstanding the provisions of Civil Code Article 1495, a forced heir who has attained the age of majority, is permanently incapable of taking care of his person or administering his estate due to mental i…
La. Rev. Stat. § 9:241 Premature ceremony prohibited
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§241. Premature ceremony prohibited An officiant may not perform a marriage ceremony until twenty-four hours have elapsed since the issuance of the marriage license. Acts 1987, No. 886, §3, eff. Jan. 1, 1988; Acts 2018, No. 276, §1.
La. Rev. Stat. § 9:242 Waiver of delay
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§242. Waiver of delay A. A judge, justice of the peace, or retired justice of the peace authorized to perform the marriage may waive the twenty-four-hour delay upon application of the parties giving serious and meritorious reasons. His certificate authorizing the immediate perfor…
La. Rev. Stat. § 9:2421 Will probated outside state may be allowed and recorded
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§2421. Will probated outside state may be allowed and recorded A will duly proved, allowed, and admitted to probate outside of this state, may be allowed and recorded in the proper court of any parish in this state, in which the testator shall have left any estate.
La. Rev. Stat. § 9:2422 Filing of will and proceedings thereon
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§2422. Filing of will and proceedings thereon When a copy of the will and probate thereof, duly authenticated, shall be presented by the executor or by any other person interested in the will, with a petition for the probate, the same must be filed and proper proceedings had as r…
La. Rev. Stat. § 9:2423 Admission to probate; force and effect
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§2423. Admission to probate; force and effect If upon the hearing, it appears to the satisfaction of the court that the will has been duly proved, allowed, and admitted to probate outside of this state, and that it was executed according to the law of the place in which the same …
La. Rev. Stat. § 9:2424 Probate of will operative under laws of state or country not requiring probate
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§2424. Probate of will operative under laws of state or country not requiring probate When a duly authenticated copy of a will from any state or country where probate is not required by the laws of such state or country, with a duly authenticated certificate of the legal custodia…
La. Rev. Stat. § 9:2425 Short title; interpretation
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§2425. Short title; interpretation This Part may be cited as the Uniform Probate Law, and shall be so interpreted and construed as to effectuate its general purposes to make uniform the laws of the states which enact it.
La. Rev. Stat. § 9:243 Penalty
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§243. Penalty An officiant who violates R.S. 9:241, except for a judge, justice of the peace or an officiant authorized to perform marriage ceremonies in the parish of Orleans and who is authorized to waive the twenty-four-hour delay pursuant to the provisions of R.S. 9:242(B), m…
La. Rev. Stat. § 9:2431 Definitions
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§2431. Definitions Unless the context clearly indicates otherwise, the following terms have the meaning ascribed to them in this Section: (1) "Court" means the court having jurisdiction of the succession of the deceased; (2) "Estate" means the gross estate of a deceased as determ…
La. Rev. Stat. § 9:2432 Apportionment of tax liability among persons interested in estate
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§2432. Apportionment of tax liability among persons interested in estate A. If the deceased has made no provision in his testament for the apportionment of the tax among the persons interested in the estate, the tax shall be apportioned among them by the court in the proportion t…
La. Rev. Stat. § 9:2433 No apportionment between principal and income beneficiaries of trust and between usufructuaries and naked owners
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§2433. No apportionment between principal and income beneficiaries of trust and between usufructuaries and naked owners No beneficial interest in income from a trust and no usufruct shall be subject to apportionment as between the principal beneficiary in the case of the trust an…
La. Rev. Stat. § 9:2434 Fiduciary's right to withhold or recover proportion of tax attributable to persons interested in estate; security by person interested in estate for payment of tax
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§2434. Fiduciary's right to withhold or recover proportion of tax attributable to persons interested in estate; security by person interested in estate for payment of tax A. The fiduciary or other person in possession of the property of the deceased required to pay the tax may wi…
La. Rev. Stat. § 9:2435 Allowance for exemptions, deductions, and credits
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§2435. Allowance for exemptions, deductions, and credits A. In making an apportionment, allowances shall be made for any exemptions granted, any classification made of persons interested in the estate, and for any deductions and credits allowed by the law imposing the tax. B. Any…
La. Rev. Stat. § 9:2436 Action to recover amount of tax or deficiency from person interested in estate; time of filing; liability of fiduciary
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§2436. Action to recover amount of tax or deficiency from person interested in estate; time of filing; liability of fiduciary A. A fiduciary or other person required to pay the tax has a right of action against any person interested in the estate to recover the original amount of…
La. Rev. Stat. § 9:2437 Action by nonresident; reciprocity
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§2437. Action by nonresident; reciprocity A. A fiduciary or any other person required to pay the tax due who is domiciled or residing in a jurisdiction other than Louisiana, has a right of action for the proportionate amount (1) of the federal estate tax, (2) of an estate tax pay…
La. Rev. Stat. § 9:2438 Application of provisions
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§2438. Application of provisions R.S. 9:2431 through 2437 shall not apply to taxes due on account of the death of a person dying prior to January 1, 1961. Acts 2011, No. 346, §2.
