Louisiana Code of Civil Procedure 3295 – Giving in payment of succession property
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Terms Used In Louisiana Code of Civil Procedure 3295
- Executor: A male person named in a will to carry out the decedent
The executor or administrator may transfer by a giving in payment any succession property in satisfaction of secured or unsecured debts. The property may be taken in indivision by the secured or unsecured creditors, or both.
Acts 1988, No. 564, §1; Acts 1997, No. 1421, §7, eff. July 1, 1999; Acts 2003, No. 545, §1.