Louisiana Revised Statutes 9:1731 – Trust defined
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Terms Used In Louisiana Revised Statutes 9:1731
- Fiduciary: A trustee, executor, or administrator.
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
A trust, as the term is used in this Code, is the relationship resulting from the transfer of title to property to a person to be administered by him as a fiduciary for the benefit of another.