La. Stat. tit. 9 § 1951

Current with changes from the 2024 Legislative Session
Section 9:1951 - General rule

A trust may be created for mixed private and charitable purposes. The dispositive provisions of such a trust in favor of private beneficiaries are governed by the provisions of this Code; those in favor of charitable beneficiaries are governed by Parts I through IV of Chapter 2 of Code Title II of Code Book III of this Title. As long as there remains a private beneficiary, the trust shall be administered in accordance with the provisions of this Code.

La. R.S. § 9:1951

Amended by Acts 1972, No. 659, §1; Acts 2012, No. 742, §1.
Amended by Acts 1972, No. 659, §1; Acts 2012, No. 742, §1.